Killinger was highly compensated, while driving WAMU prices down to about $0.04 per share, rejecting JPM's bid for $8.00 a share.
While CEO of Washington Mutual in 2007, Killinger earned a total compensation of $14,364,883.
In 2008, he took home $25.1 million in compensation.
Killinger received a $15.3 million severance payment in Sept 2008 as well as a $445,200 lump-sum payment for vacation benefits & a $300,669 special payment.
Bullish