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    Back to To the Point

    To the Point

    Former WaMu CEO and Executives Testify before Congress

    Former executives of Seattle-based Washington Mutual are talking to Congress for the first time since the bank collapsed because of the housing crisis.  Today, they responded to a Senate Subcommittee’s findings that WaMu crated a "mortgage time bomb" with subprime loans they knew would go bad but which they packaged into Wall Street…

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    By Warren Olney • May 12, 2014 • 1 min read

    Former executives of Seattle-based Washington Mutual are talking to Congress for the first time since the bank collapsed because of the housing crisis. Today, they responded to a Senate Subcommittee’s findings that WaMu crated a "mortgage time bomb" with subprime loans they knew would go bad but which they packaged into Wall Street securities. Patrick Yoest reports for Down Jones Newswires and the Wall Street Journal.

    The full episode

    1 of 3
    Nuclear Terror and Finance Reform
    1. 0:00Former WaMu CEO and Executives Testify before CongressYou’re reading this
    2. 7:41Summit on Curbing Nuclear Threats Gets Underway
    3. 22:57Can the Senate Deliver Finance Reform in an Election Year?
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • KCRW placeholder

      Patrick Yoest

      Congressional Reporter, Dow Jones Newswires and Wall Street Journal

      NewsNationalPolitics

    The full episode

    1 of 3
    Nuclear Terror and Finance Reform
    1. 0:00Former WaMu CEO and Executives Testify before CongressYou’re reading this
    2. 7:41Summit on Curbing Nuclear Threats Gets Underway
    3. 22:57Can the Senate Deliver Finance Reform in an Election Year?
    Back to To the Point