Financial Crisis Inquiry Commission chair Phil Angelides....
By Dr. Pitchfork
It's out. The Financial Crisis Inquiry Commission has issued it's official report on the causes of the financial crisis. This is a very important document and I'm sure that Congress will be very interested in poring over its 662 fun-filled pages of charts, graphs, tables and endnotes. That way, they can have all the information they need before they get to work on drafting a good, thoughtful financial reform bill....
Wait. What's that you say? They passed a huge financial reform bill to fix the financial system BEFORE finding out what caused the crisis? Oh well, they probably didn't read the financial reform bill before voting on it, either. No harm, no foul, then.
Summary is available here...
---
Must read stories published earlier today based on the report...
---
No comments:
Post a Comment