Results tagged “subprime”

Business Week scores yesterday's WaMu shareholders meeting, "activists three, bank zero." The Seattle Times settles for "contentious," while the P-I has this leading question for CEO Kerry Killinger from Lee Lannoye, a shareholder and former WaMu executive vice president: "You have destroyed the company--why are you not being held accountable?" MSN Money captures the executive team in action at Benaroya Hall like so:

"I just want people to calm down and have a little faith," said CEO Kerry Killinger at the company's annual shareholder meeting late Tuesday. "We will get through this."

Wall Street is a terrific place. If we wanted to be worth more money in desperate circumstances, we'd probably have to come up with more than a rumor. But not when it comes to the stock market.