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Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185
PBD Podcast
Wamu Loan Portfolios - 56 %
56% of wamu's loan portfolio consisted of option arms, home equity loans and sub primes. One analyst estimates that, largely due to such loans, more than 16 billion and future losses are embedded in wamu’s book. Thisis when guys ad four, you know,. you know, phantoms for no reason, and they could afford to have four phantoms.
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