Permanent Subcommittee on Investigations

Wall Street and the Financial Crisis: The Role of High Risk Home Loans

Date: April 13, 2010
Time: 9:30am
Location: Room 106, Dirksen Senate Office Building
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.

Member Statements

Senator

Carl

Levin

(D -
 MI)

Senator

Susan M.

Collins

(R -
 ME)

Witnesses

Panel 1

JAMES

VANASEK

Former Chief Risk Officer (2004-2005)

Washington Mutual Bank

Panel 1

RONALD

CATHCART

Former Chief Risk Officer (2006-2008)

Washington Mutual Bank

Panel 1

RANDY

MELBY

Former General Auditor

Washington Mutual Bank

Panel 2

DAVID

SCHNEIDER

Former President of Home Loans

Washington Mutual Bank

Panel 2

DAVID

BECK

Former Division Head of Capital Markets

Washington Mutual Bank

Panel 3

STEPHEN

ROTELLA

Former President & Chief Operating Officer

Washington Mutual Bank

Panel 3

KERRY

KILLINGER

Former President, CEO, and Chairman of the Board

Washington Mutual Bank

Related Links

Printed Hearing Record