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 ...
Tags for this Post:
ceo, Company Shares, Current Market News, Kerry Killinger, Matter Of Time, nyse, Perfect Timing, Stocks to Watch, Wamu, Washington Mutual, Washington Mutual Inc, Wm
ceo, Company Shares, Current Market News, Kerry Killinger, Matter Of Time, nyse, Perfect Timing, Stocks to Watch, Wamu, Washington Mutual, Washington Mutual Inc, Wm


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