Singular?  Hardly.

In an article titled By Saying Yes, WaMu Built Empire on Shaky Loans The New York Times states the following in regards to the failure of subprime lender Washington Mutual.

On a financial landscape littered with wreckage, WaMu, a Seattle-based bank that opened branches at a clip worthy of a fast-food chain, stands out as a singularly brazen case of lax lending.

As a failed subprime lender, Washington Mutual was no more singular that Countrywide, or any other player in the subprime lending market.

I wrote on this subject back in April, under the title Stripped Bare - Beneath the Feel Good Veneer of Subprime Lending.

All the posts I completed on this (14 total) can be accessed here.  Just scroll down a bit to view all 14 posts.

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