Wednesday, January 13, 2010

Businesses Criticize Cast of Inquiry Panel

http://finance.yahoo.com/banking-budgeting/article/108566/businesses-criticize-cast-of-inquiry-panel?sec=topStories&pos=3&asset=&ccode=

Here comes the same ole same ole, using the same stacked deck.
I think the change that we can believe in is that it's never going to happen.

A congressional commission examining the causes of the financial crisis was drawing fire even before its first public hearing got under way Wednesday, with business interests complaining that some panel members' ties to a major plaintiffs law firm could aid litigants seeking to sue financial firms.

The panel, the Financial Crisis Inquiry Commission, was created by Congress last year and also includes several members with ties to the banking industry. It will begin taking sworn testimony Wednesday from the chief executives of several big Wall Street banks, including Goldman Sachs Group Inc. and J. P. Morgan Chase & Co.


The panel also will hear from federal, state and local officials about their current efforts to uncover wrongdoing