03/14/2011
https://www.congress.gov...
"Would selling those mortgages for that reason trouble you without disclosing that to investors?"
"Were they notified that there was a billion-and-a-half dollars in loans that were selected because they were Option ARMs and that it was your expectation that Option ARMs were going to go delinquent i..."
"Look, Mr. Beck, those emails talk about delinquencies, delinquencies, delinquencies."
"Were you aware, first, Mr. Rotella, that WaMu employees were cutting corners and even engaging in fraud to meet volume demands?"