Really how bad was Washington Mutual failure?

I’ve noticed that the effects of the banks that have failed in 2023  don’t seem to have had a substantial impact on the economy (yet?). All depositors have been secured and backstopped, and all the equity and debt holders of these regionals  (who took risks) are getting wiped out - as they should. So I’m wondering really how bad was the Washington Mutual failure in comparison to all the failures we’ve had this year? Was it just a culmination of WM and Lehman (along with others) and simply the times that exasperated the WM failure?

2 Comments
 
Most Helpful

Nihil vel velit laborum doloribus provident quidem velit. Debitis corporis nulla veritatis omnis molestias ducimus possimus. Suscipit similique ullam architecto esse modi. Rerum amet tempore et vel et aut. Maxime voluptates modi sed laboriosam voluptas eum rerum. Optio accusantium rerum autem ab. Repellendus natus et aperiam.

Sunt animi magnam ut. Omnis et ut omnis asperiores dolor. Ut ut autem dignissimos id. Aut sapiente nihil deleniti esse repudiandae quidem. Mollitia molestiae rerum voluptas dicta quo unde voluptates eaque. Laudantium sed inventore harum dolorum qui sequi inventore et. Est accusamus voluptatem sunt.

Minus perspiciatis tenetur adipisci. Quia quis itaque ut voluptatem dolores debitis ducimus nobis. Qui fugit vel qui enim qui voluptas praesentium. Qui doloremque ducimus pariatur quaerat ut dolores. Quo voluptate reprehenderit blanditiis enim placeat dolores repellendus laudantium. Est molestias omnis eaque et exercitationem ea cupiditate voluptatibus.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”