Wednesday, November 17, 2010

The Financial Crisis Inquiry Commission's report delayed until January

http://www.huffingtonpost.com/2010/11/17/fcic-delays-report-angelides-powerful-interests_n_785205.html

Oh now, what up with the Republicans? It looks as though they actually don't want the truth to come out. I wonder why?
Collusion perhaps!


The bipartisan panel created to investigate the roots of the financial crisis voted Wednesday to delay the Dec. 15 publication of their report despite Republican opposition, foreshadowing disagreements that are sure to arise when the commission attempts to reach a consensus on the causes of the worst financial crisis since the Great Depression.

The crisis commission is also looking into the matter, said Phil Angelides, the panel's Democratic chairman. The Republicans on the panel are resisting further inquiries, according to people familiar with the matter. Angelides said in an interview that "there are very powerful interests" seeking to undermine the panel's investigation.

"People who have trillions of dollars at stake who have been watching our efforts closely," Angelides said. "There have been efforts throughout the year to undermine me and my fellow commissioners."