Reflections on Washington Mutual

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Timothy Chase on September 27, 2008

An image of the older Washington Mutual Tower reflected in the glass of the new WaMu Center. Built in 1986 (nine years before the CEO of Washington Mutual began a rapid, massive expansion of its empire from "only" 9 billion to 300 billion dollars), the Washington Mutual Tower normally appears more solid than the WaMu Center -- which at times almost blends into the sky. The latter was completed in 2007. About this time Washington Mutual stock was selling around $45. Friday, 26 September 2008, trading was suspended on the stock with people offering to sell it at 3 cents but finding no buyers. Washington Mutual is the largest bank failure in history.

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Photo details

  • Uploaded on September 26, 2008
  • © All Rights Reserved
    by Timothy Chase
    • Camera: FUJIFILM FinePix Z20fd
    • Taken on 2008/09/26 21:56:45
    • Exposure: 2.600s
    • Focal Length: 11.60mm
    • F/Stop: f/4.000
    • ISO Speed: ISO200
    • Exposure Bias: 0.00 EV
    • No flash