Search Results: Financial Crisis Inquiry Commission
Summary  |  Headline Only

November 09, 2011 2:30 pm ET filed under Blog

Rep. Darrell Issa (R-1%)

Continue reading

October 14, 2011 10:21 am ET filed under Blog

Why Republicans Are Wrong About Wall Street And The Financial Crisis

Continue reading

October 05, 2011 11:50 am ET filed under Blog

Rep. Steve King Dismisses Protests: Wall Street Not "The Scene Of The Crime"

Continue reading

July 19, 2011 11:29 am ET filed under Blog

Rep. Issa's Disappearing FCIC Hearing

Continue reading

July 14, 2011 10:42 am ET filed under Fact Check

The "Cozy Ties" Rep. Issa Covered Up Between The Financial Crisis Inquiry Commission And Big Banks

This week, a House Oversight subcommittee indefinitely suspended a scheduled hearing entitled "What Went Wrong At The Financial Crisis Inquiry Commission?" The commission's final report, which blamed the "captains of finance" for causing the financial crisis, was roundly criticized by Republicans. Prior reporting had indicated that Rep. Darrell Issa's (R-CA) Oversight Committee investigation centered on the "cozy ties ... between key Democratic commission members and trial lawyers suing banks on behalf of state employee and union pension funds." In choosing to target the GOP's political enemies, the Issa investigation appeared to be covering up parallel relationships between the financial industry and Republican commission members and commission staff. Indeed, a report from the committee's Democratic staff, the preparation of which may have triggered the hearing's cancelation, found that Republican FCIC Vice Chair Bill Thomas' FCIC staff was providing confidential information to Thomas' law firm, which represents major banks.

Continue reading

July 13, 2011 1:00 pm ET filed under Blog

Issa Cancels FCIC Hearing As Dems Expose GOP Commissioners

Continue reading

January 28, 2011 10:53 am ET filed under Fact Check

Chamber Of Commerce Denounces Report That Undermines Its Partisan Interests

Yesterday, the Financial Crisis Inquiry Commission released its final report on the causes of the financial crisis. The report concluded that recklessness and greed on the part of Wall Street, bad analysis by credit rating agencies, and a failure on the part of government regulators created an otherwise avoidable crisis. Almost immediately, the U.S. Chamber of Commerce attacked the report's conclusion. In a press release, the Chamber slammed the commission's report, writing, "The failure of this commission to do its job is more bad news for workers and businesses who depend on robust, well-regulated, world-leading capital markets to fund growth and job creation." Of course, the commission did exactly what it was tasked to do. The Chamber — which is paid to shill for Wall Street — just doesn't want to accept the facts. Not only do the Chamber's complaints about the Commission hold no water, but time and time again, the Chamber has been at the very center of problems that the commission concluded was responsible for the crisis.

Continue reading

of 1