The biggest federal bank failure in U.S. history.
Robert Giroux/Getty ImagesToday 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.
Download the podcast; or subscribe. Follow our Twitter feed.
categories: Planet Money Podcast
Comments
Please note that all comments must adhere to the NPR.org discussion rules and terms of use. See also the Community FAQ.
You must be logged in to leave a comment. Login | Register
More information needed to participate in the NPR online community.. Add this information