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?
Carl Levin: “Is it fair to say that WaMu was not particularly worried about the risk associated with Long Beach subprime mortgages…”
Editor's note · Context
Levin questions WaMu's concern over risks from subprime mortgages.
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I claim the time in opposition to this amendment. The Acting CHAIR. The gentleman is recognized for 5 minutes.
I thank Representative Pressley for being such a great champion for workers in Massachusetts and in our whole country. Madam Speaker, I now yield to the gentlewoman from Illinois (Ms. Schakowsky).





