Friday, 28 January 2011

USA: Financial Crisis Inquiry Commission publishes report

The Financial Crisis Inquiry Commission yesterday published its report into the causes of the financial crisis in the USA: see here (pdf). The Commission's conclusions are available separately here (pdf) and identify, amongst other things, "widespread failures in financial regulation" and "dramatic failures of corporate governance and risk management at many systemically important financial institutions were a key cause of this crisis".

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