$3.3 billion. That’s how much Washington Mutual lost in the second quarter.

$3.3 billion. That’s how much Washington Mutual lost in the second quarter. Bad home loans are mainly to blame. And we can expect more job cuts at the lender, and possibly more changes in the executive suite. Its share price is below $6 today, down from about $35 a year ago. Anyone want to buy a nice new office building with an art museum attached to the other side? Cheap.