The Financial Crisis Inquiry Report
  • Author : Financial Crisis Inquiry Commission
  • Release Date : 01 May 2011
  • Publisher : Cosimo, Inc.
  • Genre : Political Science
  • Pages : 690
  • ISBN 13 : 9781616405410
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Book Description: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report

Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
Genre : Political Science
Get Book

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The ...

Financial Crisis Inquiry Report

Financial Crisis Inquiry Report

Author : Phil Angelides
Publisher : DIANE Publishing
Genre : Uncategorized
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The Financial Crisis Inquiry Commission was created to "examine the causes of the current financial and economic crisis in the U.S." In this report, the Commission presents the results of its examination and its conclusions as to the causes of the crisis. More than two years after the worst ...

Dissent from the Majority Report of the Financial Crisis Inquiry Commission

Dissent from the Majority Report of the Financial Crisis Inquiry Commission

Author : Peter J. Wallison
Publisher : AEI Press
Genre : Political Science
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Peter J. Wallison is the only member of the Financial Crisis Inquiry Commission (FCIC) to release a formal dissent to the FCICOs official report on the causes of the financial crisis. Wallison, codirector of financial policy studies at the American Enterprise Institute, argues that the FCICOs report fails to address ...

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report

Author : United States. Financial Crisis Inquiry Commission,The Financial Crisis Inquiry Commission,Phil Angelides,Bill Thomas
Publisher : Government Printing Office
Genre : Business & Economics
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and the use of credit ratings in the securitization markets; lending practices and securitization, including the originate-to-distribute model for extending credit and transferring risk; affiliations between insured depository institutions and securities, insurance, and other types of nonbanking companies; the concept that certain institutions are 'too-big-to-fail' and its impact on market ...

The Financial Crisis Inquiry Report  Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States  Revised Corrected Copy

The Financial Crisis Inquiry Report Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States Revised Corrected Copy

Author : Phil Angelides,Bill Thomas
Publisher : Government Printing Office
Genre : Business & Economics
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In the wake of the most significant financial crisis since the Great Depression, the President signed into law on May 20, 2009, the Fraud Enforcement and Recovery Act of 2009, creating the Financial Crisis Inquiry Commission. The Commission was established to "examine the causes, domestic and global, of the current financial and economic ...

Hidden in Plain Sight

Hidden in Plain Sight

Author : Peter J. Wallison
Publisher : Encounter Books
Genre : Business & Economics
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The 2008 financial crisis—like the Great Depression—was a world-historical event. What caused it will be debated for years, if not generations. The conventional narrative is that the financial crisis was caused by Wall Street greed and insufficient regulation of the financial system. That narrative produced the Dodd-Frank Act, the ...

In the Wake of the Crisis

In the Wake of the Crisis

Author : Olivier Blanchard,David Romer,Michael Spence,Joseph E. Stiglitz
Publisher : MIT Press
Genre : Business & Economics
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Prominent economists reconsider the fundamentals of economic policy for a post-crisis world. In 2011, the International Monetary Fund invited prominent economists and economic policymakers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. ...

13 Bankers

13 Bankers

Author : Simon Johnson,James Kwak
Publisher : Vintage
Genre : Business & Economics
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In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved ...

Rethinking the Financial Crisis

Rethinking the Financial Crisis

Author : Alan S. Blinder,Andrew W. Loh,Robert M. Solow
Publisher : Russell Sage Foundation
Genre : Business & Economics
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Some economic events are so major and unsettling that they “change everything.” Such is the case with the financial crisis that started in the summer of 2007 and is still a drag on the world economy. Yet enough time has now elapsed for economists to consider questions that run deeper than ...

A Crisis of Beliefs

A Crisis of Beliefs

Author : Nicola Gennaioli,Andrei Shleifer
Publisher : Princeton University Press
Genre : Business & Economics
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How investor expectations move markets and the economy The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other financial institutions from a similar fate after Lehman, it could not prevent the deepest recession in postwar history. A Crisis of Beliefs ...

The Global Financial Crisis

The Global Financial Crisis

Author : Dick Kazuyuki Nanto
Publisher : DIANE Publishing
Genre : Financial crises
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Contents: (1) Recent Developments and Analysis; (2) The Global Financial Crisis and U.S. Interests: Policy; Four Phases of the Global Financial Crisis; (3) New Challenges and Policy in Managing Financial Risk; (4) Origins, Contagion, and Risk; (5) Effects on Emerging Markets: Latin America; Russia and the Financial Crisis; (6) Effects on Europe and The European ...

Crisis and Response

Crisis and Response

Author : Federal Deposit Insurance Corporation
Publisher : Unknown
Genre : Uncategorized
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Crisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s ...

What Caused the Financial Crisis

What Caused the Financial Crisis

Author : Jeffrey Friedman
Publisher : University of Pennsylvania Press
Genre : Business & Economics
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The deflation of the subprime mortgage bubble in 2006-7 is widely agreed to have been the immediate cause of the collapse of the financial sector in 2008. Consequently, one might think that uncovering the origins of subprime lending would make the root causes of the crisis obvious. That is essentially where ...