World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Washingtonâs Financial Disaster
Keywords:
Because of the political split and bickering in the Financial Crisis Inquiry Commission between Democrats and Republicans, the Commisssion failed to give a lucid account of what caused the crisis and what must be done to prevent future crises. The presssures on the commission were great and led to infighting and resignations. The Commission could not even agree on whether the term" Wall Street" should be used or removed from the report, says professor Portnoy. The 19 hearings were unfocussed, and the funding of $8 million not adequate for the 22 topics to be investigated. These and other reasons have led to a report that fails to achieve its original purpose of giving the public a clear idea of what went wrong and what needs to change.
The U.S. Financial Crisis Inquiry Commission
01/14/2010
Phil Angelides, California state Treasurer, heads the commission. The commission will attempt to get at the roots of the financial crisis, keep the public informed about why this happened, and bring those who violated laws to the attention of the nation's law enforcement agencies.
Grouped Articles
Panel Told of F.B.I. Efforts to Fight Financial Crime
New York Times 01/15/2010
Wall St. Ethos Under Scrutiny at Hearing
New York Times 01/14/2010
Few Burns for Four Bankers on the Hot Seat
New York Times 01/14/2010
Voices That Dominate Wall Street Take a Meeker Tone on Capitol Hill
New York Times 01/14/2010
Financial Inquiry Widens to Include Past Regulators
Wall Street Journal 01/14/2010
New York Times 01/15/2010
Cliff Notes version of the report of the U.S. Financial Crisis Inquiry Commission
01/20/2010
Grouped Articles
In Bank Crisis Report, a Whodunit With Laughs and Tears
New York Times 01/29/2011
Washingtonâs Financial Disaster
New York Times 01/29/2011
From Financial Crisis a Best Seller
New York Times 01/31/2011
At Last, Bernie Madoff Gives Back
New York Times 02/12/2011
Long-term understanding of the U.S. economic crisis - The Washington Post
Washington Post 03/19/2012
Taxing Wall Street Down to Size
New York Times 01/20/2010
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us