Was there a high risk in doing that?
It is very clear, you should have been disturbed by that.
Would you have made that inquiry or thought it ought to be made?
Is it fair to say that WaMu was not particularly worried about the risk associated with Long Beach subprime mortgages be...
So they indicated they would make changes.
Home Loans Risk Mitigation generated alerts that identified patterns of fraudulent loan practices and provided remediati...
Mr. Schneider was certainly concerned with the issues.
Some of the other products being high-risk products.
At least that was the goal.
That is called a high risk to the business unit. Is that correct?
The recent financial crisis was not a natural disaster. It was a man-made economic assault.
Do you remember a discussion about delinquencies and that being a reason why you had better get rid of Option ARMs quick...
I am talking about those emails. Would you have been concerned then if you had read those emails?
Now, this high-risk strategy of WaMu, the shift from low risk to high risk, was first implemented in 2004.
And then the risk, therefore, would be passed on to the purchasers. Is that correct?
Now, according to this memo, the push to increase loan volume made things worse.
That is what I hoped you would have said.
the full range of life extension options should be studied, but that in deciding which life extension option should move...
