On the FCIC's second day of hearings, witnesses examined how Wall Street incentivized and why the Federal Reserve didn't stop subprime lending.
The federal inquiry hearings inevitably leads to the question: why aren't any these big players already in jail? And no, Bernie Madoff doesn't count.
Day 1 of the Financial Crisis Inquiry Commission didn't find any good answers to the causes of the financial crisis--but don't give up on the commission yet.
Katrina vanden Heuvel wonders if we can radically rethink our economic system.
The Financial Crisis Inquiry Commission sent a strong message by putting Wall Street titans under oath, but answers about the financial crisis proved evasive.
Chris Hayes argues that the US budget deficit can be resolved--even in the short term.
Taxpayers are getting a raw deal in Citigroup's plan to repay its bailout funds. But you would never know it from reading the news.
Representative Marcy Kaptur, a longstanding advocate for foreclosure relief, talks to The Nation about prospects for sweeping financial reform.
At major US banks, shareholders actually want their executives to be rewarded for taking on excessive risk.
Americans want to know what went wrong during last year's economic meltdown. The Financial Crisis Inquiry Commission will find the answers.