- WaMu Chief Killinger Didn’t Trust Goldman Sachs, E-Mails Show
- Blankfein, Dimon Urged by White House to Stop Fighting Rules
WaMu Chief Killinger Didn’t Trust Goldman Sachs, E-Mails Show – Bloomberg
Washington Mutual Inc.’s former Chief Executive Officer, Kerry Killinger, didn’t trust Goldman Sachs Group Inc. to give the bank advice in 2007 as it slid toward collapse, according to e-mail released by congressional investigators.
“I don’t trust Goldy on this,” Killinger wrote in an Oct. 12, 2007, e-mail reply to Todd Baker, Washington Mutual’s executive vice president for corporate strategy and development. “They are smart, but this is swimming with the sharks. They were shorting mortgages big time while they were giving CfC advice,” he said, referring to Countrywide Financial Corp., the home lender that ran short of cash the same year…..
Blankfein, Dimon Urged by White House to Stop Fighting Rules – Bloomberg
Top White House officials last week pressed the chief executive officers of Goldman Sachs Group Inc., Bank of America Corp. and JPMorgan Chase & Co. to stop lobbying against a financial-regulatory bill advancing in Congress, according to people who attended the meeting.
President Barack Obama’s senior adviser David Axelrod and National Economic Council Director Lawrence Summers met with Goldman Sachs CEO Lloyd Blankfein, JPMorgan’s Jamie Dimon, Bank of America’s Brian Moynihan and about 12 other executives at an April 6 event in Washington hosted by the Financial Services Forum, said the people, who declined to be identified because the meeting was private…..
Tags: Bank of America, Goldman Sachs, JP Morgan, Politics, WAMU, Washington Mutual
