Bank failure http://kplu.org en Amazon trying out lockers for delivering your purchases http://kplu.org/post/amazon-trying-out-lockers-delivering-your-purchases <p>If you’ve bought something recently on Amazon.com, you may have noticed it’s testing a new way to deliver packages. The Internet retailer has quietly installed <a href="http://www.amazon.com/gp/help/customer/display.html/ref=help_search_1-1?ie=UTF8&amp;nodeId=200689010&amp;qid=1344365177&amp;sr=1-1">non-descript lockers</a> where you can pick up an order, rather than having it sent to a personal address.</p><p>The pilot program is available in four cities including Seattle.</p><p> Wed, 22 Aug 2012 12:00:50 +0000 Bellamy Pailthorp 6002 at http://kplu.org Amazon trying out lockers for delivering your purchases WaMu shareholders may get settlement in class-action suit http://kplu.org/post/wamu-shareholders-may-get-settlement-class-action-suit <p>A tentative settlement has been reached in a class-action lawsuit against Washington Mutual Inc, the largest bank failure in the nation&#39;s history. If a U.S. district court judge approves it, shareholders would get some money for stocks that are basically worthless now.</p> Thu, 07 Apr 2011 16:25:24 +0000 KPLU News Staff 1153 at http://kplu.org WaMu shareholders may get settlement in class-action suit FDIC sues 3 former top executives of failed WaMu http://kplu.org/post/fdic-sues-3-former-top-executives-failed-wamu <p>Federal bank regulators have sued three former top executives of Washington Mutual (WaMu), the biggest U.S. bank ever to fail, accusing them of negligence in allowing risky mortgage lending and seeking $900 million in damages.</p><p> Thu, 17 Mar 2011 22:14:52 +0000 The Associated Press 1020 at http://kplu.org FDIC sues 3 former top executives of failed WaMu WaMu execs face federal lawsuit http://kplu.org/post/wamu-execs-face-federal-lawsuit <p>Several former Washington Mutual executives have been notified by the federal government that they&#39;ll be sued over their role in the collapse of the Seattle-based bank.</p><p>The Puget Sound Business Journal reports that sources familiar with the suit say <a href="http://www.bizjournals.com/seattle/news/2011/02/18/fdic-to-seek-1b-from-former-wamu-execs.html">the Federal Deposit Insurance Corporation intends to seek more than a billion dollars in damages.</a></p><p>To be named in the suit are:</p><ul><li>Kerry&nbsp;Killinger, former WaMu CEO&nbsp;</li><li>Steve&nbsp;Rotella, former president and chief operating officer&nbsp;</li><li>David Schneider, former head of the bank&rsquo;s home load division</li></ul><p>All three executives have denied wrongdoing.</p><p> Tue, 22 Feb 2011 16:08:32 +0000 KPLU News Staff 843 at http://kplu.org WaMu execs face federal lawsuit