New & about-to-be ex-CEO of WaMu gets at least $19m for less than 3 weeks on the job

From the NY Times via Matt Yglesias

My understanding is that even for the super-elite it normally takes a couple of months to wrack up tens of millions of dollars. But Alan Fishman gets the job done with super speed:

But the seizure and the deal with JPMorgan came as a shock to Washington Mutual's board, which was kept completely in the dark: the company's new chief executive, Alan H. Fishman, was in midair, flying from New York to Seattle at the time the deal was finally brokered, according to people briefed on the situation. Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates.