The definitive report on what caused America's economic meltdown-
and who was responsible.
The financial and economic crisis has touched the lives of
millions of Americans who have lost their jobs and their homes, but
many have little understanding of how it happened. Now, in this
very accessible report, readers can get the facts. Formed in May
2009, the Financial Crisis Inquiry Commission (FCIC) is a panel of
10 commissioners with experience in business, regulations,
economics, and housing, chosen by Congress to explain what happened
and why it happened. This panel has had subpoena power that enabled
them to interview people and examine documents that no reporter had
access to.
The FCIC has reviewed millions of pages of documents, and
interviewed more than 600 leaders, experts, and participants in the
financial markets and government regulatory agencies, as well as
individuals and businesses affected by the crisis.
In the tradition of The 9/11 Commission Report, The Financial
Crisis Inquiry Report will be a comprehensive book for the lay
reader, complete with a glossary, charts, and easy-to-read
diagrams, and a timeline that includes important events. It will be
read by policy makers, corporate executives, regulators, government
agencies, and the American people
General
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