Groups Press for WaMu Board Ouster

``Washington Mutual is one of several financial institutions under fire for risk management and executive compensation issues this year from shareholder groups, which have also called for changes at Citigroup Inc., Morgan Stanley, Merrill Lynch & Co., and Wachovia Corp. The chair of Citigroup's audit and risk committee, C. Michael Armstrong, is expected to step down in response, according to a Wall Street Journal report.''