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Sunday, October 19, 2008


posted by on October 19 at 11:01 AM


I’m not sure why the Seattle Times failed to include a link to the real estate listing for former WaMu chief Stephen Rotella’s home in their story this morning about its sale. You can check out Rotella’s former digs here.

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So that's where all of WaMu's money went!

Posted by yucca flower | October 19, 2008 11:12 AM

thanks, notice how they don't show the street side. what's the address? I'd like to do a drive by.

Posted by PC | October 19, 2008 11:23 AM

anybody else think the picture on the wall in the first photo on the second line looks a little bit like our presidential hopeful mr. obama?

Posted by there goes the neighborhood | October 19, 2008 11:25 AM

The interior design is kind of tacky.

Posted by WonderingWilla | October 19, 2008 11:37 AM

It has moorage, odd for Cap Hill, what on the reservoir in the middle of Volunteer Park?

Posted by bob | October 19, 2008 12:07 PM

Too bad it'll cost someone another $4Mil to renovate the fugliness.

Posted by Brian | October 19, 2008 12:15 PM

OMG that is so funny. Clicking on the Windermere "map this" button leads you to a map that clearly shows it midblock on the east side of Federal north of E. Garfield. A quick trip to the King County Parcel website mapping system shows it's 1642 Federal Ave. E, parcel 1130000025, and that Rotellas bought it in 2005 from... famous non-shoplifter "Jean Enersen" Skinner! If Rotella were to get his asking of 6.25 mil, that would be quite an appreciation, no? (Looks like National City was involved in his mortgage on this - I hear National City is widely expected to fail, as it's all but insolvent on bum loan exposure.)

P.S. Google Earth shows clearly how the house backs up to Lakeview Cemetery, which a friend suggested would make it perfect for Halloween TP-ing over the back fence by anybody facing a WAMU option-ARM reset this winter, or a shareholder, or whatever. I'm just sayin'.

Posted by tomasyalba | October 19, 2008 12:26 PM

From the listing map, it looks like it's on Federal Ave E between Garfield and Blain. So, moorage at the cemetery, I guess?

Posted by Jerkwater | October 19, 2008 12:26 PM

Moorage is presumably at a lake marina.

I can remember a time when rich people in Seattle (and elsewhere) had good taste, and hired skilled architects and designers, and had interesting modern-looking houses. Now everything looks like fucking Pottery Barn.

Posted by Fnarf | October 19, 2008 12:47 PM

Its probably a picture of himself on the wall.

Posted by sllypst | October 19, 2008 1:16 PM

that picture is totally him

here is an actual photo of the man that destroyed Washington Mutual.

Posted by mcFly | October 19, 2008 1:53 PM

Agreed, the interiors look tacky, and not even in the Vegas style of so-tacky-it's-almost-not-tacky-anymore either.

Posted by blackhook | October 19, 2008 2:27 PM

And now the grifters at AIG are using bailout money for hunting trips to Englan. But I suppose in George Bush land this is acceptable. Greed and ignorance are killing America.

Posted by Vince | October 19, 2008 3:04 PM

Isn't "rotella" a toilet-bowl cleaner? ...or a kind of pasta, or something?

Posted by rob | October 19, 2008 7:51 PM

McFly, it was Killenger who destroyed WaMu. This guy was hired to be his eventual replacement and no doubt played his role, but Killenger was CEO up until his very sudden retirement 3 weeks before the FDIC seized it.

Good job on figuring out the picture, though.

Posted by Matt from Denver | October 19, 2008 9:24 PM

Whoops, that's Killinger, not Killenger.

Posted by Matt from Denver | October 19, 2008 9:26 PM

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