The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History
by Kirsten Grind
View on GoodreadsThe largest bank failure in American history, and before it, a well-regarded regional lender that grew into a sprawling mortgage machine. Grind, whose related Wall Street Journal coverage was a Pulitzer Prize finalist, follows Washington Mutual from that transformation to its collapse in autumn 2008.
Core ideas
- Run and seizure: The collapse came as a bank run, and federal regulators then seized the bank.
- A disputed sale: JPMorgan Chase acquired it afterward, in a deal the publisher describes as controversial.
- Every side: You hear from regulators, executives and bankers, home buyers, and the lenders who made the risky loans, drawn from extensive reporting and interviews.
Published2012
Pages400
ISBN9781451617924
ReadMar 2023
