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The Federal Deposit Insurance Corporation, et al v. Killinger et al
Case Number:
2:11-cv-00459
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December 13, 2011
FDIC Scores $64M Settlement From Ex-WaMu Execs
Federal regulators have agreed to a $64 million settlement with three former executives of failed bank Washington Mutual Inc. — far less than 10 percent of the recovery regulators had sought.
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August 05, 2011
DOJ Ends WaMu Probe With No Criminal Charges
The U.S. Department of Justice on Friday closed its investigation of Washington Mutual Inc. without filing any criminal charges against former executives in connection with the bank's 2008 collapse.
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July 06, 2011
FDIC, Ex-WaMu Officers' Deal Talks Break Down: Attys
Weeks after three ex-Washington Mutual Bank NA officers sought more negotiation time in the Federal Deposit Insurance Corp.'s suit in Washington state alleging they bankrupted the bank for their own benefit, settlement talks in the case have broken down, their attorneys said Wednesday.
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June 17, 2011
Ex-WaMu Execs Buy Time With FDIC Settlement Offers
Three top officers of bankrupt Washington Mutual Bank NA, accused by the Federal Deposit Insurance Corp. of wrecking the once-flourishing financial institution, bought more time for negotiations Thursday, telling a federal judge in Washington state that settlement offers have been exchanged.
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April 15, 2011
FDIC To Pursue More Cases Against Failed Banks
The Federal Deposit Insurance Corp. said Friday that it would pursue lawsuits against senior management of banks that failed during the recession at the same level or higher than the caseload in the aftermath of the savings and loan crisis during the 1980s.
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March 17, 2011
FDIC Sues Ex-WaMu Brass, Wives For Wrecked Bank
Defunct Washington Mutual Bank NA's former top two executives took "historically unprecedented risks" on their way toward wrecking the financial institution while pocketing millions, the federal government claimed Wednesday in a suit that also named their wives as defendants.