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18 Mar 2011, 7:31 am by Mandelman
FDIC Sues 3 Top WaMu Execs, Alleges “Negligence in Allowing Risky Mortgage Lending” The Federal Deposit Insurance Corporation or FDIC for short, filed a civil lawsuit against three former WaMu execs, ex-CEO Kerry Killinger, ex-COO Stephen Rotella and David Schneider, who headed up the bank’s home loans division. [read post]