The Financial Crisis Inquiry Commission is overlooking a key ally in its battle with Goldman Sachs—the American people. And it is forgetting about what should be its most powerful weapon—the Internet.
Update: Three hours after CNBC reported on the Financial Crisis Inquiry Commission's secret ethics policy, the commission announced that it was publishing the policy on its web site. "We decided it ...
FCIC provided a prominent and early focus on mortgage fraud. Its first witness was Alan Greenspan, but it heard from two other panels the same day. The second panel included Bowen and three other ...
The commission’s report offers an indictment of the leading players in the economic catastrophe, but ignores the out-and-out swindling. By signing up, you confirm that you are over the age of 16 and ...
Key elements of the $1 billion lawsuit by the U.S. Department of Justice against Bank of America, announced October 24th, seem ripped from pages of the 400-page Financial Crisis Inquiry Commission ...
Some observers applaud a revitalized focus on financial crimes. By their lights, an existing Financial Fraud Enforcement Task Force —comprising elements of 20 federal agencies and 94 U.S. attorney’s ...
Goldman Sachs’ No. 2 man Gary Cohn (right) — alongside Managing Director Craig Broderick (left) — came out swinging before the FCIC, insisting accusations that Goldman regularly bet against its ...
“This gags me.” So said Elizabeth Warren in response to a Quora user, who asked, “What do you think are the real reasons that no Wall Street executives have been prosecuted for fraud as a result of ...
Here we go -- another meeting of the Federal Crisis Inquiry Commission (FCIC). As we speak, former Federal Reserve Chairman Alan Greenspan continues to shuck and jive in a feeble attempt to restore ...
Just days after Goldman Sachs settled fraud charges, CEO Lloyd Blankfein’s worries appear to be far from over. The agency tasked with investigating the causes of the financial collapse is threatening ...
Early in the testimony, Greenspan claimed that in his career, he was "70% right and 30% wrong", but when asked whether his action (or inaction) in the years leading up to the crisis would be put in ...