Tagged with Financial Crisis

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

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

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.  

EIN NEWS | Break Up The Banks

Break Up The Banks July 16, 2012 – By Joe Rothstein, Editor, EINNEWS.com ”I find myself increasingly seeing the wisdom of Thomas Jefferson’s statement in 1816 that, “banking establishments are more dangerous than standing armies.” The speaker was Phil Angelides, longtime California business leader, former state treasurer and chair of the bipartisan commission set up … Continue reading