Financial Crisis Report

Senator Carl Levin (D-MI) and Senator Tom Coburn (R-OK) spoke to reporters and answered questions about a report on the causes of the 2008… read more

Senator Carl Levin (D-MI) and Senator Tom Coburn (R-OK) spoke to reporters and answered questions about a report on the causes of the 2008 financial crisis and recommend additional changes to financial laws. Among the findings, the report alleged fraudulent mortgage practices at the defunct Washington Mutual Bank, as well as failure to act by federal bank regulators despite their documented knowledge of severe problem at the bank. It also alleged conflicts of interest at credit rating agencies, and claimed Goldman Sachs profited greatly by betting against financial products they sold to clients. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Financial Crisis Report

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Program ID:
299019-1
Category:
News Conference
Format:
Congressional News Conference
Location:
Washington, District of Columbia, United States
First Aired:
Apr 13, 2011
Last Aired:
Apr 18, 2011

Airing Details

  • Apr 13, 2011 | 11:17pm EDT | C-SPAN 2
  • Apr 14, 2011 | 8:15am EDT | C-SPAN 2
  • Apr 15, 2011 | 5:06am EDT | C-SPAN 2
  • Apr 15, 2011 | 9:21am EDT | C-SPAN 3
  • Apr 17, 2011 | 2:00pm EDT | C-SPAN 1
  • Apr 18, 2011 | 6:45pm EDT | C-SPAN 3
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