Well, that is exactly the kind of testimony which I think is going to be very helpful to us as we proceed with the legis...
There has to be a right way to handle them.
I cannot believe the continuing audacity of this woman.
It is obvious that we had a situation where a bank was riddled with unsafe and unsound lending practices.
I think your folks did have knowledge of it long before today.
Why should it take the FDIC 4 months to get a desk or access to the examiner's library with WaMu documents?
This is not effective regulation. It is feeble regulation, year after year after year.
I support very much what you said because I think it's critical that Iran understand the seriousness of our purpose and ...
We hope that unity that you heard here, and the American people will hopefully hear from this committee and this Congres...
It's also important that Iran hear a very strong, unified message about Congress standing behind strong measures.
I do not know how a bank can possibly operate with credibility with this kind of problem, this kind of fraud in its mids...
We are talking about these emails, Mr. Killinger.
I just wanted to go over the numbers.
You had all this evidence that there was fraud in various offices of WaMu. Why was that not set up for WaMu's loans?
You made reference to the subprime market going down. Option ARMs are prime. They are not subprime, right? They are supp...
Fraud problems resurfacing with a gusto in early 2008.
So that was a higher interest rate there, as well?
During these years, WaMu cut back on its loan originations overall, but while cutting back, it also changed the mix from...