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In Case You Missed It - FCIC Edition
- Welcome to the inaugural "In Case You Missed It", our weekly look around for interesting happenings in the fight for financial reform. This week we mostly focus on the Financial Crisis Inquiry Commission's first hearings:
Want to feel like you were you in the hearing room? Catch up with liveblogs from Campaign for America's Future and SEIU.
Mary Bottari at Bankster.com reminds us accountability, and an active Department of Justice, was a key component to our coming to grips with the Keating 5 and Savings & Loan scandals of the 1980s. Too big to fail doesn't mean too big for jail.
New Deal 2.0 has a great collection of posts from the FCIC hearings. They seem to think the Bankers gave flimsy excuses for their sociopathic nature (could there possibly be a good excuse?).
Public Campaign and Common Cause joined forces to give us some raw numbers about the four Wall Street CEOs that testified before the FCIC: their employees & PACS gave more than $43 million to federal candidates since 2000, and the four companies spent an astounding $109 million to lobby Congress during the same period.
Do you have a question for the fat cats that testified before the panel? Huffington Post is collecting questions from their readers and promises to deliver them to the Commission.
Lastly, this one isn't related to the FCIC, but it's nice to take a break and recognize the US Chamber of Commerce had a pretty bad 2009, and 2010 isn't really looking much better for their PR department.

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