#fcic

  • Le grotesque n’est jamais (jamais) un obstacle.

    What Caused the Financial Crisis? | Mother Jones
    http://motherjones.com/mojo/2010/12/what-caused-financial-crisis

    HuffPo’s Shahien Nasiripour has a great story today on the turmoil that’s engulfing the Financial Crisis Inquiry Commission (#FCIC), the bipartisan panel charged with investigating the causes of the financial crisis. Nasiripour reports that the GOP members of the commission are planning to issue their own report blaming the government for causing the collapse. But that’s not the scariest part. This is:

    During a private commission meeting last week, all four Republicans voted in favor of banning the phrases “Wall Street” and “shadow banking” and the words “interconnection” and “deregulation” from the panel’s final report, according to a person familiar with the matter and confirmed by Brooksley E. Born, one of the six commissioners who voted against the proposal.