Is Washington Mutual the Worst Bank Ever or What?

by Dual Income No Kids on May 24, 2008 · 0 comments

So, many of you know about the congresswoman from southern California – Representative Laura Richardson – who lost her house to foreclosure last month? Well, the story gets thicker. Now it looks like she had in fact worked out a payment agreement with the lender. Despite the agreement, somebody at the bank didn’t get the message and had the place sold anyway.

Guess which bank it was?

Thats right…Washington Mutual!!!

We’ve had nothing but trouble with Washington Mutual (1,2,3,4,5) and hearing this news just convinces me that the bank is the worst run financial institution in America today. It is bad enough to accidentally foreclose on some poor schmuck, buts quite its another thing to do it to a member of congress. You would think they’d be smart enough to keep a special file for important people, but no, they couldn’t even get that right. Seriously, if I were CEO Kerry Killinger, I would resign in shame and move to Alaska to hide.

Check out the news story, the WaMu rep tries hard to spin the mistake, but just ends up sounding lame. Here.

Best,

James

Get Your FREE Ebook

Screen_shot_2017-09-29_at_3.10.45_pm

DINKS (Dual Income No Kids) Finance focuses on personal finance for couples. While by no means financial experts, we strive to provide readers with new, innovative ways of thinking about finance. Sign up now to get our ebook, "Making Money Tips for Couples" FREE.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit



{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: