Whither WaMu's Killinger?

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Market Movers

by Ryan Avent

Main

Andrei Shleifer, Billionaire? A Brief History of Bill Gross's Pict...

Jun 2 2008 11:16AM EDT

There were just 24 days between Ken Thompson losing his chairmanship of Wachovia and his being fired by the board. At that rate, Kerry Killinger of WaMu, who lost his chairmanship today, is likely to be fired on June 26. Mark your calendars! It's sad that something which ought to be a positive sign - the separation of the CEO and chairman jobs - is now a signal to put the CEO on deathwatch. But Killinger can't be feeling very secure in his job right now.

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