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Meltdown News
Meltdown panel subpoenas documents from Moody's A bipartisan panel investigating the roots of the financial crisis said Wednesday it has subpoenaed credit rating agency Moody's Corp.The Financial Crisis Inquiry Commission said Moody's failed to provide documents it requested. It is the commission's first subpoena.Panel chairman Phil Angelides said the panel requested the documents on March 10, and gave Moody's two weeks to comply.Since the March
Lawmakers: local gov'ts. lost $1.7B due to Lehman
SEC chief pledges better oversight of banks
The chairman of the Securities and Exchange Commission on Tuesday pledged better oversight of the nation's largest banks after criticism that the agency failed to spot accounting tricks at
Senators blast regulators for ignoring WaMu risks
Arguing that bank regulators played a crucial role in creating the conditions for financial crisis, a Senate panel Friday blasted officials for lax oversight, infighting and inaction before the
Under attack, former WaMu regulator defends role
Facing withering attacks for failing to prevent the largest U.S. bank failure ever, a former regulator is defending his actions and pushing back against charges that he was too cozy with bank
Ex-Fannie Mae execs try to defend track record
Two former Fannie Mae executives said Friday that competitive pressures, combined with the political goal of increasing homeownership, were to blame for the company's decision to back riskier |
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