Democrats Blame Deregulation For Crisis

By: Nick Ottens (Diary)  |  January 28th at 07:14 AM  | 

The Financial Crisis Inquiry Commission (FCIC) that was established in the spring of 2009 to explore the causes of the previous year’s financial meltdown, released its findings today. What was to blame for the crisis, they say? Widespread failures in financial regulation, including the Federal Reserve’s failure to stem the tide of toxic mortgages; Dramatic breakdowns in corporate governance including too many financial firms acting | Read More »