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(Image from article: "Obama to Propose Limits on Risks Taken by Banks")

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WaMu executives testify before Senate, defend their job performance

Top officials say Washington Mutual was largely the victim of the housing downturn. But two former WaMu risk officers tell a Senate panel the failed savings and loan took too many chances.

 

Obama to Propose Limits on Risks Taken by Banks

Obama to Propose Limits on Risks Taken by Banks

The president will throw his weight behind a stronger approach to financial regulation, limiting the size of the largest banks and their risk-taking activities.

 

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