Tagged with FCIC

5th Anniversary of the Financial Crisis Inquiry Commission’s Report

5th Anniversary of the Financial Crisis Inquiry Commission’s Report

The Financial Crisis Inquiry Commission’s Final Report: Five years ago this week, the Financial Crisis Inquiry Commission (FCIC), which conducted the nation’s official inquiry into the causes of the financial and economic crisis of 2008, made public the results of its investigation. On January 27, 2011, the FCIC presented its final report to the President … Continue reading

Was This Whistle-Blower Muzzled?

Statement by Phil Angelides  Chairman of the Financial Crisis Inquiry Commission (2009-2011)  Re: “Was This Whistle-Blower Muzzled?” On Sunday, September 22, The New York Times printed “Was This Whistle-Blower Muzzled?”, an article by William Cohan alleging that the Financial Crisis Inquiry Commission (FCIC) caved in to pressure from Citigroup and suppressed allegations about Citigroup’s misconduct … 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

BLOOMBERG | Angelides on N.Y.’s Lawsuit Against Credit Suisse

November 28, 2012 – Phil Angelides, former chairman of the Financial Crisis Inquiry Commission, talks about a lawsuit brought by New York Attorney General Eric Schneiderman accusing Credit Suisse Group AG for deceiving investors in mortgage-backed securities that were sold before the financial crisis. Angelides, speaking with Mark Crumpton on Bloomberg Television’s “Bottom Line,” also … Continue reading

SAN FRANCISCO CHRONICLE | The Unrepentant and Unreformed Bankers

August 18, 2012 – Op-Ed by Phil Angelides featured in the San Francisco Chronicle. Money laundering. Price fixing. Bid rigging. Securities fraud. Talking about the mob? No, unfortunately. Wall Street. These days, the business sections of newspapers read like rap sheets. GE Capital, JPMorgan Chase, UBS, Wells Fargo and Bank of America tied to a … Continue reading