Phil Angelides

For POLITICO, By PHIL ANGELIDES January 13, 2017 As members of the Democratic National Committee gather this weekend in Phoenix to hear from the candidates seeking to be the party’s new chair, there will be a lot of talk about how the party needs to be rebuilt from the ground up. That is, after all, … Continue reading →

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 →

Special to the Huffington Post CalPERS Should Just Say No to TobaccoBy Phil Angelides | April 18, 2016 In 2000, California’s two state pension funds – the California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirement System (CalPERS) – made history by voting to dump their $800 million investment in the tobacco … Continue reading →

Special to the Sacramento Bee April 16, 2016 By: Phil Angelides — HIGHLIGHTS Financial institution likely will pay much less in penalties than $5 billion Not one executive has been named in any civil or criminal action Federal prosecutor indicated his office is not conducting a criminal investigation The U.S. Department of Justice last week … Continue reading →

CNBC | The Financial Crisis: Mistake Not To Prosecute? April 2016 –Phil Angelides, former California state treasurer and commissioner of the Financial Crisis Inquiry Commission, discusses the investigation into the 2009financial crisis and the Commission’s referral for potential prosecution of some of the big names like Robert Rubin, Charles Prince and Stanley O’Neal.

Sacramento, CA – Phil Angelides, who served as Chairman of the Financial Crisis Inquiry Commission (FCIC), issued the following statement today in response to theNational Archives and Records Administration (NARA) releasing some documents and materials related to the FCIC’s investigation into the causes of the financial crisis: “The public has the right to see the … Continue reading →

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 →

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 →

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 →

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 →