Ken's Reviews > The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History
The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History
by Kirsten Grind (Goodreads Author)
by Kirsten Grind (Goodreads Author)
This was one of the more interesting books that I've read about the financial crisis. The book deals exclusively with the experience of Washington Mutual, covering its long road from a local bank to one of the largest mortgage lenders in the country. The book does a good job of explaining how the personalities of those running the company changed the bank's culture and led it to make increasingly risky loans. This is a major advantage of the book, as most other books about the financial crisis spend more time covering what happened during the crisis. The book is also very well written.
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