Levin questions the accuracy of a statement made in a memo.
04/26/2010
https://www.congress.gov...
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 supposed to be prime mor...
I do not know how a bank can possibly operate with credibility with this kind of problem, this kind of fraud in its midst.
Fraud problems resurfacing with a gusto in early 2008.