Apr 15, 2021
For 18 years, Kerry Killinger was CEO of Washington Mutual - a lender in the Pacific Northwest that he grew into the sixth largest bank in the country prior to its collapse in September of 2008. Kerry, along with his wife Linda, recently published “Nothing is Too Big to Fail: How the Last Financial Crisis Informs Today.” In this episode, the Killingers discuss why they believe Jamie Dimon and JPMorgan Chase schemed behind the scenes to get the FDIC to seize WaMu, why Treasury Secretary Hank Paulson wanted to eliminate the thrift industry, and what post-crisis assessments of WaMu’s collapse by the U.S. Senate and others got wrong.
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