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.
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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