Phil Angelides said today the Financial Crisis Inquiry Commission is probably the last hope for uncovering the causes of what's now called the Great Recession. A former California State Treasurer, Democrat Angelides now chairs the bipartisan commission established by Congress. In its first public meeting today, the commission heard from the heads of America's four biggest banks, JPMorgan Case, Bank of America, Morgan Stanley and Goldman Sachs.
Wall Street Gets a Grilling
Andrew Ross Sorkin - columnist for New York Times; and founder and editor-at-large of DealBook, NYT’s online daily financial report, Brad Sherman - US House of Representatives (D-CA) - @BradSherman, William Black - former federal financial regulator, John Gapper - Associate Editor and Business Columnist, Financial Times