Hear: WaMu Banker Bares Soul
Today on Planet Money:
William Longbrake served as chief financial officer for Washington Mutual from 1982 through 2002. Longbrake retired a few weeks before the bank suffered the largest bank bankruptcy in US history last month.
In an interview that's equal parts terrifying, reassuring and revealing, the financial executive gives Alex Blumberg and Adam Davidson his view of the financial crisis and the need for intervention.
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