A cruel September for 5 bank CEOs

A slew of corporate chiefs hung up their hats - or found themselves no longer calling all the shots - after the recent market turmoil.

1 of 5
Alan Fishman
Alan Fishman
Company: Washington Mutual
Lasted: 18 days

The award for briefest tenure goes to Fishman, who took the helm at WaMu in early September as the bank's credit rating spiraled downward thanks to a portfolio of bad mortgage loans. Two and a half weeks later, the government seized WaMu, the nation's largest savings and loan, and sold it to JPMorgan Chase for cheap. Fishman, the former president of Sovereign Bank, snapped up a $7.5 million signing bonus, but will decline any severance, according to a spokesperson.
NEXT: Robert Steel
Last updated October 03 2008: 11:14 AM ET
Global winners and losers From Moscow to Mumbai, investors and consumers are feeling Wall Street's pain. More
Hank's last stand The ousted AIG chief is set on reclaiming his good name. Inside the last chapter of this strange tale. More
I was lucky to get out Losing a job at an investment bank that soon went under may have been another lucky break for Erin Callan. More