05 March 2008

No Accountability, Wednesday Edition

This time it's upper executives at Washington Mutual, with CEO Kerry Killinger rating a $3.65 million on a base salary of $1 million bonus according to the board, after WaMu had lost $1.87 billion in q4 of 2007.

To Mr. Killinger's credit, though not that of the board, he turned down his bonus in 2007.

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