03/13/2012
https://www.congress.gov...
"I thought he could stand out as the leading mortgage executive if he could blow a whistle and say, enough is enough."
"I would ask unanimous consent for Senator Collins' opening statement to be placed in the record."
"But you did see it happening?"
"In an organization as large as Washington Mutual, with the incentive system constructed as it was, that rewarded growth rather than quality, it was inevitable that certain people would coach borrowers..."