Sunday, September 12, 2010

Financial crisis panel stonewalls Congress

"[Congressional Oversight Committee Chairman Rep. Edolphus] Towns should waste no time in demanding that [Financial Crisis Inquiry Commission (FCIC) Chairman Phil ]Angelides stop playing games. The FCIC's mission is to investigate and report on the causes of the 2008 financial crisis, but Angelides is spending valuable time and money in blocking legitimate requests for information and data on his management of that effort. Such scrutiny is surely warranted: Despite being given an initial $8 million taxpayer-funded budget, Angelides requested another $1.8 million from Congress." [Washington Examiner]

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