In a key memo dated Iune 27, 2005 (the “Crossroads” memo), Tom Lund, Executive Vice President for Single Family Business, addressed the question of Fannie's loss of market share and how this share position could be regained.
16 Lattanzio's report in July indicated that the retained positions had experienced only $73 million in losses.17 Over the next three months, the market value of the super-senior tranches plummeted and losses ballooned; O'Neal told the ...
The Chair, Phil Angelides, and Vice Chair, Bill Thomas, were selected jointly by the House and Senate Majority and Minority Leadership.The FCIC is charged with conducting a comprehensive examination of 22 specific and substantive areas of ...
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 ...
This edition is the COMPLETE Official Government Edition (containing 662 pages), officially released to the Public by the US Government. *** Copies of this edition are printed and distributed in the US by SoHo Books *** How did it come to ...
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 ...