May 5, 2010
FCIC Conducts Hearings on Shadow BankingThe Financial Crisis Inquiry Commission is holding two days of hearings on the Shadow Banking System. Today's witnesses include a number of former Bear Stearns people, including former CEO James Cayne, as well as SEC folks, including former Chairs Cox and Donaldson. Tomorrow's witnesses include former Treasury Secretary Paulson and current Treasury Secretary Geithner. Hearings can be viewed at the Commission's website.
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