Thursday, January 14, 2010

Financial Inquiry Commission

The US Congress set up a Financial Inquiry Commission to investigate the causes of the financial crisis. Some knowledgeable people and the media have identified questions to be posed to the large banks that were involved in the crisis. The questions are shown here:

Ten Questions A Financial Inquiry Commission MUST Ask

by Eliot Spitzer, William Black, and Frank Partnoy

http://en.wikipedia.org/wiki/Eliot_Spitzer
http://www.businessinsider.com/10-questions-a-financial-inquiry-commission-must-ask-2010-1

My questions for 4 bank CEOs 

Mr Keith Hennessey, an ex-senior White House economic advisor to former president
George W Bush, is one of the members of the 10-member panel..

http://en.wikipedia.org/wiki/Keith_Hennessey
http://keithhennessey.com/2010/01/12/tbtf/

Questions for the Big Bankers

The New York Times's Op-Ed editors asked eight financial experts
to pose questions they would like to hear the bankers answer.
http://www.nytimes.com/2010/01/13/opinion/13intro.ready.html

1 comment:

  1. More timeless observations from Thomas Jefferson
    - 3rd President of the United States (1801–1809)
    - principal author of the American Declaration of Independence (1776)


    "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."

    "The system of banking [is] a blot left in all our Constitutions, which, if not covered, will end in their destruction... I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity... is but swindling futurity on a large scale."


    Source:
    http://quotes.liberty-tree.ca/quotes_by/thomas+jefferson

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