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Asinine - WaMu CEO Gets $18 Million In 18 Days - Bank Fails

Posted September 26th, 2008 by ucanphil

Alan Fishman might want to leave his brief tenure as the new WaMu CEO off his resume. Hired September 7, Fishman oversaw the biggest bank failure ever when federal regulators seized WaMu on September 25.

Not to worry, Fishman stands to get $18 million for less than three weeks at the helm.

Hopefully the failure of WaMu will nix the implementation of a $5 fee for cashing personal checks drawn on WaMu.

Related links

Nightly Business Report. WAMU Is Going, Going, Gone...Sold to J.P. Morgan | PBS

WaMu CEO: 3 weeks work, $18M

Alan H. Fishman Joins Washington Mutual as Chief Executive Officer

Washington Mutual's free checking -- give or take $5

 

 

Filed Under
Money & Privacy Banking, Finance, & Credit Cards -
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