On the recordApril 12, 2010
Many banks try to isolate the risk managers from sales pressures. But at WaMu, the first performance goal for the Home Loans Risk Manager... is growth.
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congress.govMany banks try to isolate the risk managers from sales pressures. But at WaMu, the first performance goal for the Home Loans Risk Manager... is growth.
Coburn criticizes WaMu's risk management priorities, emphasizing growth over risk management.
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