Stock Market News & Stocks to Watch from StraightStocks » Kerry Killinger

General Electric (GE) Backlash: The Pain is Coming

Frank Lara — Tue, 18 Nov 2008 02:08:36 +0000

A must read article on Minyanville.com puts the smack down on General Electric (NYSE:GE) shares, and another one from Bloomberg.com isn't going to help shareholders come tomorrow or the foreseeable future. GE shares get ready to battle the media.

By Ignoring the Treasury Secretary’s Advice, Did WaMu Make the Worst Possible Deal for Itself?

Money Morning — Mon, 10 Nov 2008 18:26:33 +0000

From Money Morning Staff Reports U.S. Treasury Secretary Henry M. “Hank” Paulson Jr. warned former Washington Mutual Inc. (OTC: WAMUQ) Chief Executive Officer Kerry Killinger to sell... Money Morning is here to help investors profit ha...

Washington Mutual Fires CEO

Daniel Shepard — Mon, 08 Sep 2008 06:20:47 +0000

Washington Mutual (WM) on Sunday, announced that it is replacing its CEO Kerry Killinger with Alan Fishman. Alan Fishman is currently the Chairman of commercial mortgage broker Meridian Capital Group. He was also the President and CEO of Sovereign Bank up until 2007. Washington Mutual (WM) lost $3.6 billion in the quarter that ended June 30 [...]

WaMu: Perfect Timing

Ben Stevens — Mon, 02 Jun 2008 16:06:41 +0000

Just as Washington Mutual, Inc. (NYSE:WM) shares are 20 Cents away from a 52-week low, Kerry Killinger gets knocked off as chairman. He's still the CEO, but let's face it, once you run the company shares down from $44 to $8 it's only a matter of time. Killinger's days are now officially numbered.

Washington Mutual Chimes In on the Mortgage Mess

Trader Mark — Mon, 10 Sep 2007 21:06:29 +0000

The market is cheap on earnings. The subprime issue is contained. That’s been the mantra. I think the mantra is wrong. While the overall market is not expensive on earnings, certain parts are a lot more expensive than they look. Why? Well the earnings growth estimates are a hoax right now, specifically in the financial sector. Do [...]