This post is the last installment in a three-part series harvesting the recent Financial Crisis Inquiry Report (FCIC Report) to debunk the top-ten urban myths about the Financial Crisis. To read about myths 1 – 5, click here. Myth 6: The Financial Crisis was caused by too much government regulation. Reality 6: No. Deregulation and…
Last week, I began musing here, about mining the Financial Crisis Inquiry Report to confront the top ten urban myths about the Financial Crisis. Expecting to dash off a blog series in a day or so, I found that my eyes were bigger than my brain capacity. Though I had read a good portion of…
After reading much of the final report identifying the causes of the Financial Crisis in the United States, released last Thursday December 27, by the Financial Crisis Inquiry Commission, I have one suggestion. But before I get to it, allow me to explain. Awe-inspiring labor and thought went into this document including interviews with 700…
Today the Financial Crisis Inquiry Commission released its long-awaited report ( The Financial Crisis Inquiry Report: Financial Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States). The Report of the ten-member, bipartisan Commission, consists of the official report adopted by a majority (six) of the commissioners,…
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