The FDIC sues three former Washington Mutual executives and two of their wives, WSJ reports,...

|By:, SA News Editor

The FDIC sues three former Washington Mutual executives and two of their wives, WSJ reports, seeking $900M in damages for alleged negligence and other failures. One of those charged, former head of home loans David Schneider, now works for WaMu's new owner JPMorgan Chase (JPM).