The Financial Crisis Inquiry Commission released its final report on the causes of the 2008 financial crisis. According to the conclusions in the report, the crisis occurred because government…
3,881 viewsFederal Deposit Insurance Corporation Chair Sheila Bair testified before the Financial Crisis Inquiry Commission about the actions of the Federal Reserve during the 2008 financial crisis and future…
1,047 viewsFederal Reserve Chairman Ben Bernanke testified before the Financial Crisis Inquiry Commission about the actions of the Federal Reserve during the 2008 financial crisis and the future of financial…
2,782 viewsWitnesses testified about actions taken by the banking industry and the federal government in the 2008 financial crisis. Among the topics they addressed were monitoring systemic risk, and…
41,722 viewsWitnesses talked about the banking industry and the 2008 financial crisis. Among the topics they addresed were risk management, government decisions on which financial firms were considered “too…
1,166 viewsCurrent and former regulators testified on the causes and consequences and role of derivatives in the 2008 financial crisis. Among the topics they addressed were the causes of the crisis,…
699 viewsAcademics testified about derivative trading and the 2008 financial crisis. They provided background information and an overview of derivative trading markets, credit default swaps, and…
1,212 viewsCurrent and former Goldman Sachs and AIG executives testified on the causes and consequences and role of derivatives in the 2008 financial crisis. Among the topics they addressed were…
3,302 viewsGoldman Sachs executives testified about derivative trading and the 2008 financial crisis. Commission members focused on reasons for a subpoena to get the Goldman executives to testify and…
3,684 viewsAmerican International Group (AIG) executives testified about derivative trading and the 2008 financial crisis. Among the topics addressed were management decisions and corporate culture at…
3,289 viewsWitnesses testified on the role of credit rating and the 2008 financial crisis. In the first of three panels, witnesses focused on the credit rating process and potential conflicts of…
1,266 viewsWitnesses testified on the role of credit rating and the 2008 financial crisis. Warren Buffett and Raymond McDaniel testified about Moody’s business practices, the relationship between…
4,929 viewsFormer officials from Federal Housing Enterprise Oversight (OFHEO) and its successor agency in 2008, the Federal Housing Finance Agency (FHFA), talked about their oversight of Fannie Mae.…
1,507 viewsIn the third of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC), former Fannie Mae executives Robert Levin and Daniel Mudd testified in the role of their company in the…
1,294 viewsThe current and most recent former comptrollers of the currency testifed in the second of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC). Congress…
345 viewsFormer Citigroup executives testified on the second of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC). Chuck Prince apologized for the impact of the…
2,015 viewsSeveral former Citigroup officials that testified before the Financial Crisis Inquiry Commission on their former company’s past mortgage lending practices. Congress formed the ten-member…
1,576 viewsSeveral former Citigroup officials that testified before the Financial Crisis Inquiry Commission on their former company’s past mortgage lending practices. Former CitiMortgage Senior Vice…
3,635 viewsFormer Federal Reserve Chairman Alan Greenspan was the lead witness at the first of three days of hearings by the bipartisan Financial Crisis Inquiry Commission (FCIC). Mr. Greenspan talked about what…
10,099 viewsThe Financial Crisis Inquiry Commission held the second of two days of hearings on the “shadow banking system.” Secretary Geithner called on the Senate to continue work on financial regulatory…
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