Washington Mutual

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25 September 2008: In the biggest bank failure yet in US history,...

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25 September 2008

In the biggest bank failure yet in US history, Washington Mutual went into receivership. Its customers had withdrawn $16.7 billion in ten days.
Lanchester, John. “Cityphobia”. London Review of Books, Vol.
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, No. 20, 23 Oct. 2008, pp. 3-5.
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Luyendijk, Joris. “It’s business as usual in our banking system”. Guardian Weekly, 23 Oct. 2015, pp. 26-9.
27-9

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