Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185
PBD Podcast
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The Rise and Fall of Washington Mutual
This chapter recounts personal stories and experiences related to Washington Mutual's customer-centric approach, contrasting it with larger financial institutions. It explores the speaker's journey from employee to CEO, detailing the bank's rapid growth, challenges during the financial crisis, and the impact of regulatory decisions. The discussion culminates in a critical examination of the factors leading to Washington Mutual's eventual downfall, highlighting market dynamics, mortgage practices, and the broader implications of the 2008 financial crisis.
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Transcript
