Dollars and Jens
Thursday, September 06, 2007
WaMu Raids Countrywide
SEATTLE--(BUSINESS WIRE)--Washington Mutual, Inc. (NYSE:WM - News) today announced that John P. McMurray is joining WaMu to serve as the company's Chief Credit Officer, effective Sept. 24, 2007. He will report to Ron Cathcart, EVP and Chief Enterprise Risk Officer.

McMurray, a mortgage industry veteran, most recently was Senior Managing Director and Chief Risk Officer at Countrywide Financial Corporation, Calabasas, CA.
I suppose they know better than I whom to blame for what, but I found it amusing that someone would seek out Countrywide's "Chief Risk Officer" to fill an executive position.

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