The WSJ is reporting that Kerry Killinger is gone as CEO of Washington Mutual. For the savings account and cd holders on BestCashCow, his tenure has been great. In the banks attempt to survive, they have boosted their online savings rate to one of the highest in the country.
But for stockholders, the last year has been horrid.
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Related Articles:
JP Morgan to Acquire Washington Mutual Assets by Sam Cass - Sep 25, 2008
High CD Rates from Major Banks - Bank of America, WaMu, Wachovia by ktexas - Jul 21, 2008.


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