Your Financial Crisis Inquiry Commission is here
January 13, 2010Jon Brooks 1 Comment »Today marked the first meeting of the Financial Crisis Inquiry Commission. The Christian Science Monitor reports:
The Financial Crisis Inquiry Commission is a bipartisan 10-member committee that’s been handed the job of recording what went wrong prior to the near-collapse of the world financial systems in 2008.
Congress has ordered the commission to work through some 22 different topics dealing with the meltdown, from the effects of monetary policy to the possible problems of Wall Street pay.
A lot of people are hoping the panel will prove to the be the equivalent of the Pecora Commission, which in 1932 investigated the causes of the 1929 Wall Street crash and led to New Deal regulatory legislation like the Glass-Steagall Banking Act (since repealed) and the creation of the SEC.
A motley assortment of introductory links for those interested:
- Financial Crisis Inquiry Commission – home page includes statements and testimony
- Financial Crisis Inquiry Commission – A User’s Guide – overview by Mike Konczal, a former financial engineer, at the NewDeal 2.0 web site
- 20 questions for the FCIC (KeithHennessey.com) (Hennessey is also a panel member)
- Two questions for Bank CEOs (Rortybomb)
- Follow on Twitter here and here
- Liveblogging the Bankers (Dealbreaker)
- Watch it on CSPAN
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January 14th, 2010 at 3:19 pm
[...] Your Financial Crisis Inquiry Commission is here [...]