January 13, 2010
At the opening hearing of the Financial Crisis Inquiry Commission, the bipartisan committee formed by Congress to investigate the causes of the great financial meltdown, there were four chairmen of key Wall Street players in the crisis. There was much anticipation over the proceedings held today in Washington. Since its formation last spring, the Committee [...]
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January 11, 2010
The latest flap over taxpayer payments to Goldman Sachs confirms the culture of secrecy upon which the Fed in Washington and its New York counterpart are dependent. They like the dark, closed-curtain life that bankers prefer, where the sunlight of public scrutiny is seldom an invited guest. It is a culture to which Mr. Geithner [...]
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