Tagged with Economy

Statement Regarding the Mortgage Securities Fraud Lawsuit Filed Today Against Credit Suisse by New York Attorney General Schneiderman

Statement by Phil Angelides, Chairman of the Financial Crisis Inquiry Commission (2009-2011) Regarding the Mortgage Securities Fraud Lawsuit Filed Today Against Credit Suisse by New York Attorney General Schneiderman “Today’s lawsuit by New York Attorney General Eric Schneiderman alleging fraud at Credit Suisse represents an important action in the ongoing effort to hold financial wrongdoers accountable … Continue reading

CNBC | Which Candidate Can Fix Our Debt?

October 16, 2012 — Do either President Obama or Governor Mitt Romney have a plan to bend the curve and reduce U.S. debt? Phil Angelides, Former California State Treasurer, and David Walker, Comeback America Initiative founder, president & CEO, weigh in with Maria Bartiromo and Carl Quintanilla on CNBC. Click here to watch.

CNBC | Angelides Gets Tough on Wall Street Execs

September 26, 2012  – It’s been four years since the financial crisis exploded, and Phil Angelides, former chairman of the Financial Crisis Inquiry Commission explains why he thinks Wall Street executives are not being criminally investigated and prosecuted enough for their role in the disaster on Closing Bell with Maria Bartiromo. Click here to watch.  

POLITICO | Renew Urgency on Wall Street Probe

September 24, 2012 – Op-Ed by Phil Angelides featured in the Politico. The Obama administration’s investigation of major international banks for manipulation of the “London interbank offered rate,” or Libor, has been in the headlines lately, and that’s good news. The banks’ actions have cost savers and investors dearly; shaken anew confidence in our financial … Continue reading

BLOOMBERG TV | Angelides on JPMorgan, Volcker Rule, California Economy

May 11, 2012 – Phil Angelides, former chairman of the Financial Crisis Inquiry Commission, talks about the outlook for JPMorgan Chase  following the disclosure the company suffered a $2 billion trading loss and the prospects for further financial regulation. Angelides, speaking with Mark Crumpton on Bloomberg Television’s “Bottom Line,” also talks about California’s economy.