WaMu Hires Ex-Bear

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Washington Mutual announced this morning that it has retained the services Michael Solender, former general counsel of Bear Stearns, as its chief legal officer, reporting to (for now) CEO Kerry Killinger. The work probably won't be as challenging without the many frequent interruptions throughout the day with queries such as, "Tell me again, what is the exact amount of pot I can have on me without it being hideously construed as an intent to distribute? I keep forgetting. And also, what's the deal with state lines? 'Cause I'm heading to Detroit," but at least it's work.
Washington Mutal Names Legal Chief [MarketWatch]

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