This morning we asked whether the firing of Ken Thompson would lead to a new bloodbath at the top of our financial institutions. A few hours later Washington Mutual took away the chief executive Kerry Killinger post as chairman of the company’s board. Killinger has been running as a close second to Thompson as the most despised chief executive running a bank. There’ve been many calls for his head upon a platter. So how long has he got?
Felix Salmon reminds us that there were just 24 days between Thompson losing his chairmanship of Wachovia and his firing.
“At that rate, Kerry Killinger … is likely to be fired on June 26. Mark your calendars!” Salmon writes.
Whither WaMu’s Killinger? [Portfolio]