The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History

The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History

by Kirsten Grind
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Audiobook(CD - Unabridged)

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Overview

The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History by Kirsten Grind

In the fall of 2008, financial giant Washington Mutual suffered a brutal collapse. This is an astonishing account of how one bank lost itself to greed and mismanagement and how the entire financial industry—and even the entire country—lost its way as well.

Product Details

ISBN-13: 9781470825638
Publisher: Blackstone Audio, Inc.
Publication date: 07/01/2012
Edition description: Unabridged
Product dimensions: 5.30(w) x 5.80(h) x 1.50(d)

About the Author

Kirsten Grind has received more than a dozen national awards for her work, including a Pulitzer Prize finalist citation. A reporter for The Wall Street Journal, she lives in New York City.

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The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History 4.6 out of 5 based on 0 ratings. 5 reviews.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
We received a brand new copy of the book the same week we placed the order without using expedited shipping. The book was cheaper than any new or used copy I could fine on-line. I definitely plan to use B&N again.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
As a shareholder, I never had a secure feeling concerning Washington Mutual. Too many friends owned the stock too and few understood how their earnings could be so huge, given most of their business was creating mortgages. Then came the option ARM and I elected to sell my interest. This is a thoroughly interesting saga of a good business turned bad. Kirsten Grind presents a first rate accounting of WaMu's demise. I finished it, totally entertained, but shaking my head. Great book!
Anonymous More than 1 year ago
An interesting, well-written book, but it reads like an extended collection of the authors WSJ coverage on the same topic... a lot of who what where and when, very little why or what does it all mean. In short, there was a little S&L called Washington Mutual, they grew to monster size writing a lot of bad mortgages to people who really couldn't afford them, their greediness finally caught up with them and the bank collasped. The end. There's not much more to it than that.