Interview with Kirsten Grind on WaMu's seizure

[DigitalDave]

http://www.ghostofwamu.com/Audio/DaveRoss.mp3

Dave Ross did an interview with Kirsten Grind. WaMu had $29 Billion in cash liquidity, meaning they had $29 Billion they could use at any moment. It also mentions that the run on WaMu was tapering off. They also say the FDIC had to convince the OTS to seize WaMu and al the emails were blacked out. This is a great one hour listen.

I'll let you listen to the rest because I don't want to spoil it.

 

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