Download The Lost Bank: The Story of Washington Mutual - The Biggest Bank Failure in American History AudioBook Free
Through the most dizzying times of the financial crisis, Washington Mutual, a bank with hundreds of billions of us dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the fall of 2008, and its own controversial sale to JPMorgan Run after, is an amazing accounts of how one bank lost itself to greed and mismanagement, and how the whole financial industry - and even the whole country - lost its way as well. Kirsten Grind's The Lost Bank or investment company is a magisterial and gripping accounts of these happenings, tracing the ethnical shifts, the cockamamie financial executive, and the hubris and avarice that made this extraordinary story possible. The men and women who become the central players in this tragedy - the regulators and the bankers, the house buyers and lenders, the number crunchers and the shareholders - are heroes and villains, perpetrators and victims, often switching roles with each other as the theatre unfolds. Written as compellingly as the best possible fiction, The Lost Bank or investment company makes it clear that the collapse of Washington Mutual was not only the largest bank failing in American history. It is a story of talismanic features, reflecting the extraordinary climb and the precipitous collapse of not only an institution, but of trust, fortunes, and the marketplaces for risk across the world. About the author: Kirsten Grind has received more than a dozen national prizes on her behalf work, including a Pulitzer Award finalist citation on her behalf work within the collapse of Washington Mutual. A reporter for the Wall structure Avenue Journal, she lives in NEW YORK.
