No amount of partisan political assaults can undo the facts laid bare by the commission. Letter to the Editor of the Wall Street Journal, submitted by Phil Angelides on March 2, 2021 Your editorial “Pelosi’s Capitol Riot Commission” (Feb. 25) inaccurately characterizes the work and impact of the Financial Crisis Inquiry Commission. The commission’s final report detailed … Continue reading
CAL MATTERS: California needs to accelerate efforts to achieve clean energy goals
By Phil Angelides, Special to CalMatters Phil Angelides, former California State Treasurer, is president of Riverview Capital Investments, which focuses on sustainable urban development and clean energy, pa@angelides.com. He was chairman of the U.S. Financial Crisis Inquiry Commission from 2009-2011. As our state has suffered through a summer of record-breaking heat waves, blackouts and wildfires, Gov. … Continue reading
WASHINGTON POST: Wall Street never learned its lesson
For the Washington Post, by Phil Angelides: Ten years after the collapse of Lehman Brothers brought the U.S. economy to its knees, many are asking an obvious question: When will the next financial crisis hit? If one accepts the basic tenet developed by Harvard psychologist B.F. Skinner — that we learn from the consequences of … Continue reading
STATEMENT CONDEMNING VOTE BY U.S. HOUSE OF REPRESENTATIVES TO ROLL BACK KEY FINANCIAL SYSTEM SAFEGUARDS
Sacramento, CA – Phil Angelides, who served as Chairman of the Financial Crisis Inquiry Commission, which conducted the nation’s official inquiry into the causes of the 2008 financial crisis, today issued the following statement following the passage by the U.S. House of Representatives of S. 2155. That legislation would roll back key financial system safeguards … Continue reading
LA TIMES: 10 years after the fall of Bear Stearns, D.C. is poised to cause another financial crisis
Los Angeles Times Op-Ed By Phil Angelides | MAR 19, 2018 Ten years ago this week, Bear Stearns, the high-flying Wall Street investment bank, collapsed after years of reckless risk-taking and regulatory neglect. Its stunning failure blindsided the public officials charged with safeguarding our financial system and marked the moment when the simmering financial crisis … Continue reading
Financial Crisis Inquiry Commission Chair Phil Angelides Opposes Legislation to Weaken Financial Reforms
PHIL ANGELIDES, CHAIRMAN OF THE FINANCIAL CRISIS INQUIRY COMMISSION (2009-2011), ISSUES LETTER OPPOSING LEGISLATION BY SENATOR MIKE CRAPO TO WEAKEN FINANCIAL SYSTEM SAFEGUARDS Sacramento, CA – Phil Angelides, who served as Chairman of the Financial Crisis Inquiry Commission, which conducted the nation’s official inquiry into the causes of the 2008 financial crisis, today sent the following … Continue reading
SF CHRON: Trump, GOP, Wall Street join forces to attack financial market protections
For San Francisco Chronicle, by Phil Angelides Ten years ago, our financial system began to crumble under the weight of reckless risk-taking on Wall Street and deregulation in Washington, plunging our nation into the Great Recession. Millions lost their jobs and homes, trillions of dollars in household wealth were swept away, and communities across the … Continue reading
LAW 360: Putting Our Nation’s Economy At Risk Again
For Law 360, by Phil Angelides It was 10 years ago that our financial system began to unravel after years of recklessness on Wall Street and neglect by regulators and policymakers, plunging our nation into a deep recession. Millions lost their homes and jobs, cities and towns across the nation were devastated, and trillions of dollars in wealth were … Continue reading
Why Dianne Feinstein should run again
Special to The Bee Why Dianne Feinstein should run again By Phil Angelides The only thing more shocking to the body politic than the results of the presidential election has been the turmoil and constant specter of crisis and uncertainty that has followed. Russian interference in our elections and the ongoing congressional investigations continue and … Continue reading
Statement On President Trump’s Actions to Roll Back Wall Street Safeguards
Phil Angelides, who served as Chairman of the Financial Crisis Inquiry Commission, issued the following statement today regarding President Trump’s actions to roll back Dodd-Frank financial market protections and other safeguards put in place after the 2008 financial crisis: “In the wake of the financial crisis, millions of families lost their homes. Millions of people … Continue reading
Phil Angelides 