Officials say Washington Mutual's irresponsible practices led to bank's failure

Washington Mutual's former CEO Kerry Killinger testified on Capitol Hill today. A Senate committee investigating the roots of the financial crisis heard from Killinger on the role of high-risk home loans. While Killinger says he heeded warnings about subprime loans, some of his subordinates say Killinger and the bank’s board continued to pursue irresponsible banking practices that led the US government to seize the 120 year old savings and loan, making it what some are calling the largest bank failure in history. FSRN's Karen Miller has more.