Ex-Washington Mutual Inc. Chief Executive Officer Kerry Killinger and two other former bank officials have ended settlement talks with the Federal Deposit Insurance Corp., a lawyer said. Killinger, former Chief Operating Officer Stephen Rotella and David Schneider, the bank’s former home-loans president, asked a judge to dismiss the suit after the negotiations failed, according to Barry Ostrager, a lawyer for Rotella and Schneider.
FDIC settlement talks with ex-Washington Mutual officers fail, lawyer says
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