TITLE

Wamu Policing Slammed; Levin Blames OTS Execs

AUTHOR(S)
Adler, Joe
PUB. DATE
April 2010
SOURCE
American Banker;4/16/2010, Vol. 175 Issue F314, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that a federal investigation into the failure of Washington Mutual Inc. appears to indicate a failure of the United States Office of Thrift Supervision to respond to warnings from its own examiners about the bank's risky strategy. The Office of Thrift Supervision seems to have been more concerned with fighting a turf war with the Federal Deposit Insurance Corporation.
ACCESSION #
49150558

 

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