Scott Wapner and Michelle Caruso-Cabrera of CNBC’s Closing Bell interview Phil Angelides on the 5th Anniversary of the financial crisis and discuss his thoughts on the selection of the next Chair of the Federal Reserve (Janet Yellen vs. Larry Summers). Click here to watch.
On the 5th Anniversary of the Financial Crisis, 5 Critical Must Do’s – No. 5
Five years ago this week, the financial system unraveled due to recklessness on Wall Street and regulatory failures in Washington. The American people paid a terrible price – persistent and widespread unemployment, millions of foreclosures, and household wealth and retirement savings wiped away. Yet, little, if anything, has changed on Wall Street and the biggest … Continue reading
HUFFINGTON POST | Federal Reserve Employees Afraid To Speak Put Financial System At Risk
August 28, 2013 – Shahien Nasiripour of the Huffington Post reports: Regulators overseeing the nation’s largest financial institutions are distrustful of their bosses, afraid to speak out, and feeling isolated, according to a confidential survey this year of Federal Reserve employees. The findings from the April survey of roughly 400 employees, presented to Fed staff during multiple … Continue reading
SAN FRANCISCO CHRONICLE: Yellen better choice than Summers as Fed chief
August 6, 2013 – Andrew S. Ross of the San Francisco Chronicle reports: Judgment calls. In this corner we have Janet Yellen, former UC Berkeley professor, former CEO of the San Francisco Federal Reserve Bank and current Vice Chair of the Board of Governors of the Federal Reserve System in Washington. In the other corner, we have Lawrence Summers, former president of Harvard University, … Continue reading
THE SACRAMENTO BEE | Phil Angelides Pushes Housing Plan
May 12, 2013 – Hudson Sangree of the Sacramento Bee reports: “ An awkward swath of land in east Sacramento, walled in by a freeway and an elevated rail line, has defeated developers’ dreams for a quarter century. Failed plans include a “European style” high-rise village, an auto mall and big-box stores – all opposed by neighbors. … Continue reading
Phil Angelides, a Leader in Shareholder Activism and Green Investment, Wins the Joan Bavaria Award
May 1, 2013 – Phil Angelides has been awarded the fifth-annual Joan Bavaria Award for Building Sustainability into the Capital Markets. The announcement was made today, the first day of the annual Ceres Conference, which is running May 1-2 at The Fairmont in San Francisco, CA. Angelides is currently President of Riverview Capital Investments, a … Continue reading
BLOOMBERG | CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law
April 29, 2013 – Bloomberg’s Elliot Blair Smith reports: “Former fashion jewelry saleswoman Rebecca Gonzales and former Chief Executive Officer Ron Johnson have one thing in common: J.C. Penney Co. (JCP) no longer employs either. The similarity ends there. Johnson, 54, got a compensation package worth 1,795 times the average wage and benefits of a U.S. department store worker when … Continue reading
TVO | Phil Angelides: Fighting Financial Fraud
December 7, 2013 – Phil Angelides tells Steve Paikin why no one has been prosecuted for involvement in the 2008 financial crisis. Click here to watch.
FRONTLINE PBS | The Untouchables – Phil Angelides: Enforcement of Wall Street is “Woefully Broken”
January 22, 2013 – FRONTLINE presents The Untouchables and investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages in their feature. Phil Angelides was chairman of the Financial Crisis Inquiry Commission, which was created by Congress in 2009 to investigate the causes of the crisis. In its report, … Continue reading
CURRENT TV | California Tax Policy and Politics
October 9, 2012 — Phil Angelides, former chairman of the Financial Crisis Inquiry Commission, delves into corporate tax loopholes and California tax policy and politics with “The War Room” host Jennifer Granholm on Current TV. Watch here.
Phil Angelides 