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The Lost Bank: The Story of Washington Mutual-- The Bigggest Bank Failure in American History

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Binding: Paperback
List Price: $26.99
Our Price: $3.71 $3.04 CAD
Qty Avail: 11


ISBN: 9781451617931
Publisher: Simon and Schuster
Language: English
Page Count: 389
Publication Date: 7/16/2013
Size: 8.43" l x 5.47" w x 1.10"
Series: N/A

During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement, and how the entire financial industry - even the entire country - lost its way as well.

Written as compellingly as the finest fiction, The Lost Bank introduces readers to the regulators and the bankers, the home buyers and the lenders who together created the largest bank failure in American history. The result is a magisterial and gripping account of the incredible rise and the precipitous collapse of not only an institution but of trust, fortunes, and the marketplaces for risk across the world.

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