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The anger poured out of shareholders, one after the other. Said another activist: “Sadly, here at WaMu, we really feel we have a board that has lost its way. It’s no longer a WaMu board; it’s more like a ‘WaMe’ board, short for ‘What’s in it for me?’ The Mutual is gone.”

From The Lost Bank: The Story of Washington Mutual—The Biggest Bank Failure in American History (June 12) by former Puget Sound Business Journal reporter Kirsten Grind

This article appeared in the June 2012 issue of Seattle Met Magazine.

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