The top two former Washington Mutual executives are being forced to testify publicly for the first time next month as part of a congressional investigation into the largest bank failure in U.S. history.
Kerry Killinger and Steve Rotella will join five other former WaMu executives at an April 13 hearing hosted by the Permanent Subcommittee on Investigations.
This is the first time any WaMu executive will give public testimony about the bank’s failure since it was seized by regulators in the fall of 2008.
The hearing is part of the PSI’s months-long, secret examination into the bank’s collapse that led to 18,000 people losing their jobs.
See the link to this story at the Puget Sound Business Journal that lays out the details.