Wall Street and the Financial Crisis: The Role of High Risk Home Loans
Permanent Subcommittee on Investigations
Location: Room 106, Dirksen Senate Office Building
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Member Statements
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Senator Carl Levin D (MI)Download Statement (78k)
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Senator Susan M. Collins R (ME)Download Statement (36k)
Agenda
The Permanent Subcommittee on Investigations hearing, Wall Street and the Financial Crisis: The Role of High Risk Home Loans," the first in a series of Subcommittee hearings examining some of the causes and consequences of the recent financial crisis. The first hearing focused on the role of high risk home loans in the financial crisis, using as a case history high risk home loans originated, sold, and securitized by Washington Mutual Bank.
Exhibits 1 - 86 This is a large file and may take some time to download depending on your connection speed.
Witnesses
Panel 1
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JAMES VANASEKDownload Testimony (62k)Former Chief Risk Officer (2004-2005)Washington Mutual BankScottsdale, AZ
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RONALD CATHCARTDownload Testimony (368k)Former Chief Risk Officer (2006-2008)Washington Mutual BankSeattle, WA
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RANDY MELBYDownload Testimony (567k)Former General AuditorWashington Mutual BankMiami, FL
Panel 2
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DAVID SCHNEIDERDownload Testimony (25k)Former President of Home LoansWashington Mutual BankPrinceton, NJ
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DAVID BECKDownload Testimony (29k)Former Division Head of Capital MarketsWashington Mutual BankNew Canaan, CT
Panel 3
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STEPHEN ROTELLADownload Testimony (216k)Former President & Chief Operating OfficerWashington Mutual BankNew York, NY
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KERRY KILLINGERDownload Testimony (3463k)Former President, CEO, and Chairman of the BoardWashington Mutual BankSeattle, WA