BUSINESS

Is The Angelides Commission The New Pecora Commission?

08/16/2009 05:12 am ET | Updated May 25, 2011

With the appointment today of the 10 members of a congressional commission to investigate the financial meltdown, many people are hoping that the spirit of Ferdinand Pecora once again walks among us.

Can the new Financial Crisis Inquiry Commission, which will be headed by former California Treasurer (and 2006 gubernatorial candidate) Phil Angelides, measure up?

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