Financial Crisis Inquiry Cmsn. Public Hearing
from C-SPAN Recent Video Fmr. Fed Chrmn. Alan Greenspan was the lead witness at the first day of hearings by the 10 member bipartisan Financial Crisis Inquiry Commission (FCIC). He discussed his decision to keep interest rates at low levels and stated that he thinks this did not cause the riskly lending practices that took place. Former Citigroup employees also testified and said that frmr. Citi executive Robert Rubin was warned about risky mortgages which were a cause of the financial crisis.
Length:
Published: Wednesday at 9am (ET)
http://www.c-span.org/Watch/watch.aspx? ... HP-A-47842