Pecora Commission on Huffington Post

Curtis Roosevelt: When We Can't Count on the Banks or Our Congress

2011-06-01T13:15:05Z

President Obama should note that President Roosevelt's slamming the bankers and financiers -- beginning with his inaugural address and right up through his campaign for a second term -- did not destroy the country's banking system.

Read more: Ferdinand Pecora, Fdr, Alan-Brinkley, Pecora Commission, Fdr New Deal, The Great Depression, Sara Delano Roosevelt, The Great Recession, Financial Regulation, Obama Big Banks, Politics News

Richard (RJ) Eskow: Wall Street: Guilty As Charged

2011-05-16T20:01:46Z

Roger Lowenstein's piece "Wall Street: Not Guilty" is well worth reading, if only as a case study in the moral and logical blindness that's reached epidemic proportions among otherwise reasonable people in influential Washington and Wall Street circles.

Read more: White House, Treasury Department, Matt Taibbi, Wells Fargo, Pecora Commission, Bank of America, Aig, Bribery, Jamie Dimon, Joe Nocera, Justice Department, Bernie Madoff, Foreclosure Fraud, Fraud, Bank Bribery, JPMorgan Chase, Wall Street Crime, Roger Lowenstein, Media News

Simon Johnson: Nominate Elizabeth Warren -- Provide the Pecora Hearings We Need

2011-05-04T11:47:51Z

A proper Senate confirmation hearing for Elizabeth Warren would allow her to explain in clear terms how "too big to fail" banks are are now involved in a hugely dangerous government subsidy scheme that presents a serious, nontransparent threat to consumers.

Read more: Elizabeth Warren, Dodd-Frank, Wall Street, Consumer Financial Protection Bureau, New Pecora Commission, Consumer Financial Protection Agency, Economy, Financial Reform, Pecora Commission, Cfpb, Consumer Financial Protection, Financial Crisis, Simon Johnson, Business News

Megabanks Will Shrink, Bernanke Tells Financial Crisis Commission, Yet Doubts Over Too Big To Fail Remain

2010-09-02T23:00:00Z

In one of his most definitive statements on the subject to date, the nation's central banker said Thursday that he expects some of the nation's megaba...

Read more: The Financial Fix, Pecora Commission, Financial Crisis Inquiry Commission, Too Big to Fail, Barney Frank, Chris Dodd, Heather Murren, Fcic, Douglas Holtz-Eakin, Megabanks, Tbtf, Financial Crisis, Global Financial Crisis, Ben Bernanke, Sheila Bair, Video, Business News

Two Top Investigators Leave Financial Crisis Commission

2010-08-23T18:00:00Z

Two senior staffers have quietly left the Financial Crisis Inquiry Commission, a panel working under a tight deadline that has been dogged by rumors o...

Read more: The Financial Fix, Brad Bondi, New Pecora Commission, Financial Crisis Inquiry Commission, Pecora Commission, Matthew Cooper, Fcic, Financial Crisis Commission, Bill Thomas, Financial Crisis, Global Financial Crisis, Bradley Bondi, Phil Angelides, Business News

Danny Schechter: Happy Anniversary As Economic Collapse Turns Three

2010-08-03T13:46:49Z

We live in the United States of Amnesia and selective memory. As we debate the breaking news, we easily forget the sequence of events that broke the bank and left us broke.

Read more: George Bush, Paul Krugman, Global Financial Crisis, Plunder, Pecora Commission, Business News

Simon Johnson: Ted Kaufman Is Our Ferdinand Pecora

2010-04-23T02:02:49Z

April 23 (Bloomberg) -- Much of the discussion around the Securities and Exchange Commission case against Goldman Sachs Group Inc. has focused on the ...

Read more: Fraud, Pecora Commission, Senate, Congress, Goldman Sachs, Ferdidnand Pecora, Financial Reform, Wall Street Reform, Ted Kaufman, Financial Crisis, Obama, Dodd Bill, Business News

Danny Schechter: Financial Crisis Investigations Then And Now

2010-04-09T12:01:16Z

We still don't know who did what to us, or why not much will change. The financial crisis investigation is a joke; prosecutions seem non-existent. Why?

Read more: Propaganda, Distracting the Public, Investigation, Fcic, Pecora Commission, Goldman Sachs, Morgan Stanley, Fdr, Politics News

Richard (RJ) Eskow: In the Dark: A Good Prosecutor Would've Pinned Greenspan Down

2010-04-07T16:01:48Z

The American people deserve a prosecutor to get to the bottom of this financial mess. They need someone who will hold the Alan Greenspans of the world accountable.

Read more: Pecora Commission, Angelides Commission, Subprime Mortgages, Freddie Mac, Financial Crisis Inquiry Commission, Fcic, Over-the-Counter Derivatives, Financial Reform, Phil Angelides, Fannie Mae, Credit Default Swaps, Heather Murren, Alan Greenspan, Brooksley Born, Politics News

Tom Matzzie: Financial Crisis Commission Needs to Get to Work

2010-03-03T15:17:40Z

The victims of the hit and run economic crimes of this period expect and deserve much more. Years from now, there will be ample time for a leisurely stroll through the history of this crisis. Now is the time for action.

Read more: Pecora Commission, Financial Crisis Inquiry Commission, Ferdinand Pecora, Financial Crisis, Christopher Cox, Bernard Madoff, Ben Bernanke, Alan Greenspan, Bernie Madoff, Business News

Lively Debate, Hard Truths Emerge During Debate On Financial Crisis

2010-03-01T12:32:00Z

Some of the country's top financial scholars met over the weekend with the panel charged with investigating the causes of the financial crisis. What f...

Read more: Financial Crisis, Financial Crisis Inquiry Commission, Fcic, Phil Angelides, John Geanakoplos, New Pecora Commission, Pecora Commission, Business News

Financial Crisis Commission:

2010-01-18T11:47:42Z

The commission must uncover what bankers, investors, government officials and other people in positions of power, past and present, would prefer not t...

Read more: Financial Crisis Commission, Lloyd Blankfein, Goldman Sachs, Wall Street, Pecora Commission, Banks, New York Times, Fcic, Wall Street Securities, Phil Angelides, Business News

Bank Of America CEO Moynihan: 'No Disconnect' In Lavish Exec Bonuses (VIDEO)

2010-01-14T09:56:20Z

ABC News caught up with the nation's top banking CEOs after they left Congress's financial hearings and the contrite attitude they displayed to Congre...

Read more: Video, Bailout Bandits, Bailout, Pecora Commission, John Mack Video, Banks, Congress Financial Hearings, John Mack, Wall Street Bonuses, Bank Bonuses, Business News

Financial Crisis Commission Testimony: READ The Latest Updates

2010-01-13T09:23:56Z

FINANCIAL CRISIS INQUIRY COMMISSION UPDATES:

The Financial Crisis Inquiry Commission held its first hearing in Washington today; with another session...

Read more: Financial Crisis Commission, Lloyd Blankfein, Brian Moynihan, Financial Crisis Commission Testimony, Financial Crisis Inquiry Commission, Pecora Commission, Jamie Dimon, Fcic, John Mack, Phil Angelides, Financial Crisis, Video, Business News

Marshall Auerback: Financial Crisis Inquiry Commission: What Is the Proper Role of Banks in Our Society?

2010-01-12T10:36:52Z

We ban all sort of risk-taking behavior, whether it be drug use, speeding, or drinking underage. Why not ban behavior that puts our financial system at risk and deprives people of their homes, their pensions, and their livelihoods?

Read more: Financial Crisis Commission, Pecora Commission, Goldman Sachs, Wall Street, Financial Crisis Inquiry Commission, Banks, Credit Default Swaps, Fcic, Eric Holder, Business News

Krugman: Bankers Without A Clue, Financial Crisis Commission Testimony Showed 'Stunning Failure'

2010-01-15T08:54:59Z

But the bankers' testimony showed a stunning failure, even now, to grasp the nature and extent of the current crisis. And that's important: It tells u...

Read more: Financial Crisis Commission, Lloyd Blankfein, Pecora Commission, New York Times, Paul Krugman, Bankers, John Mack, Fcic, Phil Angelides, Wall Street Bonuses, Business News

FCIC Commissioner Asks Public For Questions, HuffPost Readers Answer

2010-01-13T11:43:02Z

Bill Thomas, vice chairman of Financial Crisis Inquiry Commission (FCIC) is asking Americans to submit their questions for bankers the commission is s...

Read more: Lloyd Blankfein, Financial Crisis Commission, Brian Moynihan, Financial Crisis Commission Testimony, Pecora Commission, Financial Crisis Inquiry Commission, Business News, Financial Crisis, Jamie Dimon, Fcic, John Mack, Phil Angelides, Business News

Mike Konczal: Financial Crisis Inquiry Commission: A User's Guide

2010-01-12T17:51:48Z

Phil Angelides of the FCIC has secured the ability to grant whistleblower status to witnesses, a move that may get some surprise testimony.

Read more: Financial Crisis, Fcic, Sheila Bair, Eric Holder, Financial Crisis Inquiry Commission, Pecora Commission, Business News

Rob Johnson: FCIC Hearings Must Shatter the 'Sociopathic Nature' of Wall Street

2010-01-13T15:55:37Z

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.

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

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

2010-01-13T00:47:14Z

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...

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

Financial Crisis Commission Chair: 'The Investigative Work Is Underway'

2009-11-13T13:44:41Z

The federal commission created to investigate the roots of the financial crisis has begun its review of documents and will announce next week a series...

Read more: Financial Crisis Commission, Pecora Commission, Financial Crisis Inquiry Commission, Financial Crisis, Phil Angelides, Transparency, Business News

Rolfe Winkler: Angelides' Financial Crisis Inquiry Commission Can crisis inquiry live up to 1930s trailblazer?

2010-01-14T10:48:20Z

Ferdinand Pecora turned a tame United States investigation of the 1929 Crash into an expose that spawned far-reaching banking reform. Despite flashes ...

Read more: Lloyd Blankfein, Brian Moynihan, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Pecora Commission, Financial Crisis Inquiry Commission, Ferdinand Pecora, Jamie Dimon, John Mack, Phil Angelides, Rolfe Winkler, Brooksley Born, Business News

Jeff Madrick: To Bankers and Regulators: Why the Risky Business?

2010-01-13T10:23:29Z

The Angelides Commission should focus on why the financial institutions represented took excessive risk. The questions should be designed to enable Americans to understand how this occurred.

Read more: Pecora Commission, Financial Crisis, Angelides Commission, Fcic, Financial Crisis Inquiry Commission, Business News

Thomas Ferguson: Ask Holder to Be Bolder: Resolving the Mysteries of AIG

2010-01-12T12:38:19Z

Eric Holder is the authority on implementation of the Freedom of Information Act. He must tout the virtues of transparency and the timely release of information to the public.

Read more: Pecora Commission, Financial Crisis Commission, Goldman Sachs, Hank Paulson, Financial Crisis Inquiry Commission, Aig, Fcic, Eric Holder, Politics News

Mike Konczal: FCIC: First Panel Report

2010-01-13T14:06:14Z

You'll be happy to note that all four bank CEOs understand that Too Big To Fail shouldn't exist, and that they've spent a lot of time re-examining their compensation packages.

Read more: Pecora Commission, Goldman Sachs, JPMorgan Chase, Angelides Commission, Morgan Stanley, Financial Crisis Inquiry Commission, Too Big to Fail, Bank of America, Aig, Financial Crisis, Fcic, Business News