Angelides

Where Are the Prosecutions? SEC Lets Citi Execs Go Free After $40 Billion Subprime Lie

Zach Carter | Posted 05.25.2011

Read More: Citi, Sec, Wall Street Prosecutions, Financial Crisis Inquiry Commission, Bailouts, Doj, Wall Street Crisis, Money Laundering, Wachovia Drug Money, Citi Subprime, Wachovia, Financial Fraud, Bank of America, Wall Street Reform, Lehman Brothers, Angelides, Fcic, Bofa, Rubin, Subprime, Drug Money, Wachovia Money Laundering, Bonuses, Bank Bailout, Wall Street Bailout, Crittenden, Business News
Zach Carter

What is the penalty for bankers who tell $40 billion lies? Somewhere between nothing and a rounding-error on your bonus.

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Liar's Loans

Jonathan Greenspan | Posted 05.25.2011

Read More: Arm Loans, Mortgages, Arm, Liar's Loans, Liars Loans, Loans, Angelides, Recession, Home Loans, Business News
Jonathan Greenspan

A great lie is repeated as the cause of our current economic crisis, and it prevents us from dealing with reality.

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Liveblogging the Financial Hearings: The Prince and the King

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Robert Rubin, Angelides, Fcic, Charles Prince, Politics News
Richard (RJ) Eskow

Here in the Rayburn building Robert Rubin, the onetime King of American financial policy, is lecturing the Financial Commission on what he believes are the causes of the financial crisis.

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FCIC Set To Question Bank CEOs In Search For 'Accountablility' In Financial Crisis

NPR | John Ydstie | Posted 05.25.2011

Read More: Morgan Stanley, Cbo, Goldman Sachs, Bank of America, Mccain, Chase, Financial Crisis Inquiry Commission, Bailouts, Bofa, Fcic, Pecora Commission, Aig, Predatory Lending, JPMorgan Chase, Holtz-Eakin, Banks, Housing Crisis, Phil Angelides, Angelides, Wall Street, Tarp, Business News

Top executives from four of the biggest banks that got federal bailouts are likely to face tough questions Wednesday from a commission charged by Cong...

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Notes on the FCIC Hearings

Mike Konczal | Posted 05.25.2011

Read More: Financial Crisis, Fcic, Subprime Loans, Consumer Financial Protection Agency, Lisa Madigan, Financial Crisis Inquiry Commission, Financial Reform, Too Big to Fail, Sheila Bair, Angelides, Eric Holder, Business News
Mike Konczal

So what did we learn from the FCIC hearings? Over the course of two days we learned that the largest bank CEOs don't feel a conflict between their underwriting and their trading process.

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Angelides Commission Staff Announced Before Probe Into 2008 Meltdown

Los Angeles Times | Michael Hiltzik | Posted 05.25.2011

Read More: Congress, Recovery, Meltdown, Bradley J. Bondi, Investigation, Recession, Mortgage Crisis, Thomas L. Krebs, Angelides Commission, Martin Biegelman, Dixie Noonan, Thomas Greene, Financial Crisis, Housing Crisis, Wall Street, Angelides, Politics News

The Angelides commission, convened by Congress to investigate the financial meltdown of 2008, today announced a passel of "senior staff" appointments....

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FCIC Hearings Must Shatter the 'Sociopathic Nature' of Wall Street

Rob Johnson | Posted 05.25.2011

Read More: Pecora Commission, Financial Crisis, Goldman Sachs, Fcic, Wall Street, Angelides, Financial Crisis Inquiry Commission, Business News
Rob Johnson

The sociopathic nature of Wall Street -- a culture in which people see their actions as disassociated from the rest of the economy and society -- has to be shattered.

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Is The Angelides Commission The New Pecora Commission?

LA Times | Michael Hiltzik | Posted 05.25.2011

Read More: Pecora Commission, Angelides Commission, Phil Angelides, Angelides, Financial Crisis Inquiry Commission, Angelides FInancial Crisis Inquiry, Business News

With the appointment today of the 10 members of a congressional commission to investigate the financial meltdown, many people are hoping that the spir...

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New Pecora Commission Will Leave No Stone Unturned

CNN Money | Corey Boles | Posted 05.25.2011

Read More: Pecora Commission, Phil Angelides, Financial-Crisis-Commission, Angelides, Chairman Angelides, Business News

WASHINGTON -(Dow Jones)- Phil Angelides, the chairman of the newly formed Financial Crisis Commission, pledged Wednesday to leave no stone unturned a...

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Angelides Named Head Of Financial Probe

New York Times | STEPHEN LABATON | Posted 05.25.2011

Read More: Pecora Commission, Angelides Financial Inquiry, Phil-Angelides, Angelides Heads Financial Inquiry, Angelides, Business News

WASHINGTON -- Congressional Democrats announced on Wednesday that Phil Angelides, a former California treasurer, would lead a commission to examine th...

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The Nation: New Pecora Commission Vital

The Nation | Christopher Hayes | Posted 05.25.2011

Read More: Pecora Commission, Financial Bailout, Financial Crisis Inquiry Commission, Financial Crisis, Angelides, Business News

If there's one thing that everyone seems to agree on, it's that the current financial crisis is complicated. There's two problems with this. First, it...

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