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Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185
PBD Podcast
What Was Wamu Holding in Portfolio Versus Selling?
When they let leman fail in that circumsance, at that time, that caused a downward spiral that cost this country trillions of dollars and te millions of people their jobs. I'm not saying they shouldn't have found a way to deal with leman over a period of time or something. But the way it was handled put a total shock and panic into the system. And they all reacted. In very a a reactive, haphazard kind of ways that i don't think served our country very well at that time.
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