Washington Mutual Forced Out Kerry Killinger as CEO

Kerry Killinger, the now ex-CEO of Washington Mutual joins other CEOs from financial services companies in the unemployment line.

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.

Sam Cass
Sam Cass: Sam Cass, MBA, JD, University of Texas at Austin. Always a fan of Leonardo Da Vinci.

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