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The WaMu Bank Runs - Exposed

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Uploaded by on Nov 3, 2009

The hyperbole around the WaMu Bank seizure continues. False statements on loan apps and loan docs helped cause the financial crisis, and false statements in reports are making it worse. The false statements in reports also create a social myth which makes obtaining justice more difficult for those harmed.

http://seattle.bizjournals.com/seattle/stories/2009/09/28/story1.html
http://en.wikipedia.org/wiki/Washington_Mutual
http://www.wamu-shareholders-resources.com

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  • Good points,

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