former federal financial regulator
Associate Professor of Economics and Law at the University of Missouri–Kansas City and author of The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry; former investigator of the savings and loan crisis, as well as a federal financial regulator
Wall Street Gets a Grilling 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 and a Disaster of a Different Kind 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 Treasurer of the State of California and a Democrat, Angelides chairs the bipartisan commission established by Congress. In its first public meeting today, the commission got tough with the heads of America's four biggest banks, JPMorgan Chase , Bank of America , Morgan Stanley and Goldman Sachs . At one point, Goldman Sachs' Lloyd Blankfein compared the financial crisis to "earthquakes" and other "acts of God," to which Agnelides responded, "These were acts of men and women." Are the right questions being asked? Can the commission help prevent another financial disaster?
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.