A Good Example of How Not to Run a Bank (The Motley Fool)

The Motley Fool - The Federal Deposit Insurance Corp. is suing a handful of former Washington Mutual executives for gross negligence and breach of fiduciary duty. WaMu, now part of JPMorgan Chase (NYSE: JPM - News), failed in 2008 -- the largest bank failure in history.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/fool/20110323/bs_fool_fool/rx117491

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