Thursday, February 3, 2011

USA: Financial Crisis Inquiry Commission Report

The Financial Crisis Inquiry Commission has published its report into the causes of the financial crisis in the USA.
The Financial Crisis Inquiry Commission was created to “examine the causes of the current financial and economic crisis in the United States.” In this report, the Commission presents to the President, the Congress, and the American people the results of its examination and its conclusions as to the causes of the crisis.

The Commission's identified, amongst other things, "widespread failures in financial regulation" and "dramatic failures of corporate governance and risk management at many systemically important financial institutions were a key cause of this crisis".

No comments:

Post a Comment

:: Up ::