A cruel September for 5 bank CEOs
A slew of corporate chiefs hung up their hats - or found themselves no longer calling all the shots - after the recent market turmoil.
Alan Fishman
Lasted: 18 days
The award for briefest tenure goes to Fishman, who took the helm at WaMu in early September as the bank's credit rating spiraled downward thanks to a portfolio of bad mortgage loans. Two and a half weeks later, the government seized WaMu, the nation's largest savings and loan, and sold it to JPMorgan Chase for cheap. Fishman, the former president of Sovereign Bank, snapped up a $7.5 million signing bonus, but will decline any severance, according to a spokesperson.
NEXT: Robert Steel
Last updated October 03 2008: 11:14 AM ET
RSS
