The Financial Crisis Inquiry Report: The Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States, Including Dissenting Views

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Cosimo, Inc., May 1, 2011 - Political Science - 690 pages
6 Reviews
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world. THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government." News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
 

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Review: The Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States

User Review  - Lowell Nelson - Goodreads

Not as readable as the 9/11 report (which I recommend) and doesn't go a good job of explaining the arcane technical details. A bit too detailed at times, I did a lot of skimming. I did learn some ... Read full review

Review: The Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States

User Review  - Dani Ollé - Goodreads

Very readable, explains clearly many complex concepts. Excessively long but informative Read full review

Contents

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Copyright

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About the author (2011)

Danny Schechter is a writer, television producer, and independent filmmaker who also speaks about media and financial issues. He is the editor of Mediachannel1.org and blogs daily as the News Dissector at NewsDissector.net. Schechter is the author of fourteen books and has produced and directed more than thirty documentaries and television specials. His blog was named the 2009 "Blog of the Year" by the Hunter College Media Department of the City University of New York.

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