1.0 link 231876 http://www.huffingtonpost.com/william-k-black/flaws-inherent-in-the-cur_b_231876.html Congress recently passed legislation establishing the Financial Crisis Inquiry Commission (FCIC). The law was a significant accomplishment because it was strongly opposed behind the scenes by many powerful forces, but its design does not meet many of the standards that made the Pecora investigation so successful. A commission of this nature is unwieldy and political. It cannot be non-partisan, it cannot be unified, and it is extremely difficult to make it effective. Having a large number of prestigious,...

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