Please read & share:
The FCIC Report on the Cause of the Financial Crisis
http://fcic-static.law.stanford.edu/cdn_media/fcic-news/2011-01-27-FCIC-Press-Conference-Transcript.pdf (Read Transcript Online)
http://fcic.law.stanford.edu/report (download PDF)
WATCH VIDEO: http://fcic.law.stanford.edu/videos/view/60
Review by Matt Brown · Pewee Valley, Kentucky
"Its a bipartisan effort by a team put together by congress to try to determine the cause of the financial crisis. It is surprisingly readable. Lots of blame to go around. And yes, there are fingers pointed at the Fed but Wall Street Investment banks get the brunt of the blame. I read the whole thing. A friend recommended I watch the movie Inside Job. I did so reluctantly but then I was glad I did. That movie just nails it. It explains the cause of the crash exactly as described in the FCIC report. Please watch the movie if you can."