Thursday, April 14, 2011
Levin-Coburn Report on the Financial Crisis Released
Today I particularly love being a law professor. Why? Because the Senate Permanent Subcommittee on Investigations released its 635-page final report on the Financial Crisis yesterday and gosh darn it, I'm going to read the whole thing.
According to the press release, it should be an interesting read: "The report catalogs conflicts of interest, heedless risk-taking and failures of federal oversight that helped push the country into the deepest recession since the Great Depression." The committee reviewed nearly 6,000 pages of documents, including e-mails and internal memos from Washington Mutual, Deutsche Bank, Goldman Sachs, and other parties deeply involved in the residential mortgage bubble.
Here is a link to the press release, and at the bottom of the press release you can click through to download the full report.
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Tanya, I share your enthusiasm. . . as an fyi, here's a blog I penned on Friday for The Pareto Commons. http://www.theparetocommons.com/2011/04/bipartisan-senate-panel-report-slams-banks-and-bureaucrats-please-sir-i-want-some-more/
Posted by: Jennifer Taub | Apr 18, 2011 6:27:53 AM