Written by Phil Angelides and David Min for QUARTZ “In a few years people are going to be doing what they always do when the economy tanks. They will be blaming immigrants and poor people.” -Mark Baum, The Big Short It is fitting that The Big Short is heading into Oscar season on the fifth anniversary of the release … Continue reading
Posted in February 2016 …
FINANCIAL TIMES Podcast: FCIC Chair Turns Up the Heat
From the Financial Times: Five years after producing the US government’s official report on the financial crisis, Financial Crisis Inquiry Commission chairman Phil Angelides has written a letter to Attorney General Loretta Lynch asking why the Department of Justice has yet to hold Wall St executives accountable for the damage. Mr Angelides explains his position … Continue reading
FINANCIAL TIMES: Charge Senior Bank Bosses, Says Former Commissioner
By Ben McLannahan for the FINANCIAL TIMES: Phil Angelides uncovered evidence of widespread fraud and corruption in the US mortgage market as chairman of the commission which produced the government report on the global financial crisis. Five years on, he is asking the Department of Justice why it has yet to call any senior bank … Continue reading
THE SACRAMENTO BEE |Much More Work to Prevent Another Financial Meltdown
BY BOB GRAHAM AND PHIL ANGELIDES Special to The Bee Five years after the Financial Crisis Inquiry Commission issued its report into the financial meltdown, we have a long way to go to prevent a repeat of the crisis. Congress and President Barack Obama created the commission to look into the causes of the Wall … Continue reading
HUFFINGTON POST: Last Chance for Justice
As posted on the Huffington Post – Last Chance for Justice: Five years ago at this time, the Financial Crisis Inquiry Commission (FCIC) presented the President and Congress with its final report on what caused the 2008 financial meltdown that devastated our economy and millions of American families. The report concluded that the financial crisis … Continue reading