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

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

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 by Phil Angelides, Chairman of the Financial Crisis Inquiry Commission (2009-2011), on Senator Elizabeth Warren’s Request for an Investigation of the Department of Justice’s Response to the FCIC Referrals of Potential Financial Law Breaking

Statement by Phil Angelides, Chairman of the Financial Crisis Inquiry Commission (2009-2011), on Senator Elizabeth Warren’s Request for an Investigation of the Department of Justice’s Response to the FCIC Referrals of Potential Financial Law Breaking

Phil Angelides, who served as Chairman of the Financial Crisis Inquiry Commission (FCIC), issued the following statement regarding today’s request by Senator Elizabeth Warren that the Department of Justice (DOJ) Office of the Inspector General investigate how the DOJ responded to the referrals made by the FCIC to the DOJ of potential violations of law … Continue reading