Thursday, January 27, 2011

Financial Crisis Inquiry Commission Report

The Financial Crisis Inquiry Commission has released its new report on the causes of the financial crisis.

"Financial Crisis Inquiry Report" can be downloaded in its entirety or in parts.

Commission website also provides access to the hearings, testimony and related information.

from the Commission website --

"The Commission concluded that this crisis was avoidable—the result of human actions, inactions, and misjudgments. Warnings were ignored. 'The greatest tragedy would be to accept the refrain that no one could have seen this coming and thus nothing could have been done. If we accept this notion, it will happen again.'"