September 21, 2013 — By Phil Angelides, Special to the Sacramento Bee. Five years ago this week, the nation’s financial system unraveled due to recklessness on Wall Street and regulatory failure in Washington. The fallout from the financial crisis cost millions of Americans their jobs, homes and life savings, and resulted in deep and lasting damage to … Continue reading
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CNBC | Angelides on the 5th Anniversary of the Crisis and the Fed Chair
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
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