Hillary Clinton Tells Wall Street She Believes Anti-Wall Street Rhetoric ‘Foolish’

By: Thursday December 12, 2013 8:36 am

Here we go again. According to a piece in Politico Magazine former Secretary of State and likely 2016 presidential candidate Hillary Clinton had some harsh words related to progressives in her $400,000 speeches for Goldman Sachs and friends. Clinton decided to use her speaking opportunity before the super rich to attack those criticizing Wall Street [...]

Brooksley Born of the FCIC: “We may well still be in a financial crisis”

By: Thursday January 27, 2011 12:27 pm

In a sometimes contentious call, Financial Crisis Inquiry Commission representatives Phil Angelides and Brooksley Born acknowledged that we might still be in a financial crisis, and that their report should not be seen as the last word on an event that still has the capacity to significantly damage the global economy. Brooksley Born, who as [...]

In Enlightening FCIC Hearings, Rating Agencies and Derivatives Assailed

By: Wednesday June 2, 2010 3:09 pm

The Financial Crisis Inquiry Commission has been something of a disappointment, but today’s hearing on credit rating agencies yielded at least two nuggets of great information. First, there was this testimony from a former top director at Moody’s, one of the three big kahnuas in the rating agency world: Eric Kolchinsky, a managing director overseeing [...]

Brooksley Born Excoriates Alan Greenspan: “You Failed”

By: Wednesday April 7, 2010 8:44 am

At today’s Financial Crisis Inquiry Commission hearing, Brooksley Born, the former head of the Commodity Futures Trading Commission, declared Alan Greenspan’s tenure at the Federal Reserve an unmitigated failure – to his face. Greenspan accords a certain degree of respect on Capitol Hill, despite Born’s accurate take on his many failures, and so this outburst [...]

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