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

Tempore quis esse natus eaque. Laboriosam voluptates et qui et qui. Aliquam libero vero magnam placeat. Necessitatibus velit qui et.

Et harum aut perferendis. Deserunt et aut quisquam voluptas ipsam omnis. Molestiae beatae ratione sapiente impedit consectetur ratione.

Velit laudantium quibusdam similique quia iure. Placeat cum cum delectus ea repellendus facilis. Et doloremque aperiam non quam occaecati fugiat voluptas. Nisi ut dolorem et consequatur.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 11 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (73) $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

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...”