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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




WaMu: Perfect Timing

Ben Stevens (June 2nd, 2008) Writes:
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. Today WaMu announced independent director Stephen E. Frank will take over July 1 as chairman. The company says it is one of several measures to strengthen corporate governance and return to profitability. WaMu shares ...

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