and the use of credit ratings in the securitization markets; lending practices and securitization, including the originate-to-distribute model for extending credit and transferring risk; affiliations between insured depository institutions and securities, insurance, and other types of nonbanking companies; the concept that certain institutions are 'too-big-to-fail' and its impact on market expectations; corporate governance, including the impact of company conversions from partnerships to corporations; compensation structures; changes in compensation for employees of financial companies, as compared to compensation for others with similar skill sets in the labor market; the legal and regulatory structure of the United States housing market; derivatives and unregulated financial products and practices, including credit default swaps; short-selling; financial institution reliance on numerical models,
Charts and tables. This is a print on demand report.
Formed in May 2009, the Financial Crisis Inquiry Commission (FCIC) is a panel of 10 commissioners with experience in business, regulations, economics, and housing, chosen by Congress to explain what happened and why it happened.
Formed in May 2009, the Financial Crisis Inquiry Commission (FCIC) is a panel of 10 commissioners with experience in business, regulations, economics, and housing, chosen by Congress to explain what happened and why it happened.
The moral hazard introduced by this one act irreparably changed the position of Lehman Brothers and every other large firm in the world's financial system. From that time forward, (i) the critical need for more capital became less ...
The financial crisis that rolled across the world in 2007 and 2008 has affected the lives of tens of millions.
Such is the first conclusion of the Financial Crisis Inquiry Commission in its Final Report, a 2011 incarnation of the Pecora Report and the most comprehensive accounting to date of the essential facts, causes, and consequences of the 2008 ...
The final report of the Financial Crisis Inquiry Commission: hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Twelfth Congress, first session, February 16, 2011.
Reviewing the Financial Crisis Inquiry Commission's Final Report: Hearing Before the Committee on Banking, Housing, and Urban Affairs, United States...
The Final Report of the Financial Crisis Inquiry Commission: Hearing Before the Committee on Financial Services, U.S. House of Representatives,...
Reviewing the Financial Crisis Inquiry Commission's final report: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Twelfth Congress, first session ... May 10, 2011.