04/15/2010
https://www.congress.gov...
"Is it fair to say that WaMu was not particularly worried about the risk associated with Long Beach subprime mortgages because it sold those loans and passed the risk on to investors?"
"You were aware of it at the time?"
"Now, the fraud problem is not limited to Montebello and Downey."
"Until then, there was a huge appetite, is that fair to say, for residential mortgages on Wall Street?"