Business News & Analysis | February 09, 2011 | 0 comments

The Burying of the Financial Crisis Inquiry Report

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Schnookums
Late last month, the US Financial Crisis Inquiry Commission issued the first official report on the causes of the 2008 financial meltdown.

The report is devastating. The commission interviewed over 700 witnesses, held 19 days of public hearings, and investigated millions of documents. Based on this research, it gives a fairly accurate picture of the fraud and criminality that led to the greatest financial catastrophe since the Great Depression.

The report implicates corporate executives, regulators, and politicians in the conversion of the US economy into a Wall Street casino. It ties the unethical, irresponsible, and often blatantly illegal practices of the financiers to the impoverishment and suffering of millions.

As significant as its contents, however, is the speed with which the report has been buried by the media and political establishment.


Read More At:
http://www.globalresearch.ca/index.php?context=va&aid=23124
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