Inquiry: Financial Crisis Was Avoidable

Corporate mismanagement, excessive risk-taking by Wall Street, and inadequate government regulation caused the 2008 financial crisis, according to a 576-page report by the Financial Crisis Inquiry Commission, due to be released today. The report blames policies by both the Clinton and Bush administrations, as well as Fed chairmen Alan Greenspan…

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Inquiry: Financial Crisis Was Avoidable

Posted by on January 26, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry