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Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185

PBD Podcast

CHAPTER

How Hard Is It to Know That Freddy and Fanny Are Going Bankrupt?

No other major institution cut their lending 74 % three years leading up to the financial crisis. We laid off 15 thousand people out of the mortgage area over that period. Think about nationally, we cut our market share in half. And vry difficult running a business, a large business,. national, and to know that you're going to not be funding loans.

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