Financial Crisis Inquiry Commission Announces Witness List For First Public Hearing Next Week
Jan 11, 2010 at 3:24 PM
DailyBail in brooksley born, congress, fcic, financial crisis, financial crisis, financial crisis commission, lloyd blankfein

Blankfein, Dimon, Mack and about 15 more are scheduled to testify before the panel which includes Brooksley Born among its commissioners.  Cynically, I am inclined to believe it will be a useless charade conducted by a panel without power.  However, the inclusion of Brooksley Born offers some hope for those seeking an honest examination of the events.

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From the Huffington Post:

Next week, the Financial Crisis Inquiry Commission (FCIC)-- the bi-partisan 10-member panel established by Congress to examine the causes of the financial crisis -- will hold its first public hearings featuring a selection of the nation's top bank executives -- Lloyd Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John Mack of Morgan Stanley and Brian Moynihan of Bank of America.

Last night the FCIC released the full witness list for the first public hearing.  List and press release below:

The Commission will begin its thorough examination of the root causes of the crisis, hearing testimony on the causes and current state of the crisis from top leaders of both private and public sector entities.

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When: Wednesday, January 13, 2010: 9:00 a.m. ET

Thursday, January 14, 2010: 9:00 a.m. ET

Where: 1100 Longworth House Office Building, Washington, DC

Day One

Panel 1: Financial Institution Representatives

Mr. Lloyd C. Blankfein, Chairman of the Board and Chief Executive Officer

Goldman Sachs Group, Inc.

Mr. James Dimon, Chairman of the Board and Chief Executive Officer

JPMorgan Chase & Company

Mr. John J. Mack, Chairman of the Board

Morgan Stanley

Mr. Brian T. Moynihan, Chief Executive Officer and President

Bank of America Corporation

Panel 2: Financial Market Participants

Mr. Michael Mayo, Managing Director and Financial Services Analyst

Calyon Securities (USA) Inc.

Mr. J. Kyle Bass, Managing Partner

Hayman Advisors, L.P.

Mr. Peter J. Solomon, Founder and Chairman

Peter J. Solomon Company

Panel 3: Financial Crisis Impacts on the Economy

Dr. Mark Zandi, Chief Economist and Co-founder

Moody's Economy.com

Dr. Kenneth T. Rosen, Chair, Fisher Center for Real Estate and Urban Economics

University of California, Berkeley

Ms. Julia Gordon, Senior Policy Counsel

Center for Responsible Lending

C.R. "Rusty" Cloutier, President and Chief Executive Officer

MidSouth Bank, N.A. and Past Chairman of the Independent Community Bankers Association

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Day Two

Panel 1: Current Investigations into the Financial Crisis - Federal Officials

Honorable Eric H. Holder, Jr., Attorney General
U.S. Department of Justice

Honorable Lanny A. Breuer, Assistant Attorney General, Criminal Division
U.S. Department of Justice

Honorable Sheila C. Bair, Chairman

U.S. Federal Deposit Insurance Corporation

Honorable Mary L. Schapiro, Chairman

U.S. Securities and Exchange Commission

Panel 2: Current Investigations into the Financial Crisis - State and Local Officials

Honorable Lisa Madigan, Attorney General

State of Illinois

Honorable John W. Suthers, Attorney General

State of Colorado

Ms. Denise Voigt Crawford, Commissioner

Texas Securities Board and President, North American Securities Administrators Association, Inc.

Mr. Glenn Theobald, Chief Counsel

Miami-Dade County Police Department, Chairman, Mayor Carlos Alvarez Mortgage Fraud Task Force

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About the Financial Crisis Inquiry Commission (FCIC)

The bi-partisan 10-member Financial Crisis Inquiry Commission was created by Congress and is charged with examining the causes of the financial meltdown. It is also examining causes of the collapse of major financial institutions that failed or would likely have failed had they not received exceptional government assistance. The Commission is comprised of Chairman Phil Angelides, Vice Chairman Bill Thomas, and Commissioners Brooksley Born, Byron Georgiou, Robert Graham, Keith Hennessey, Doug Holtz-Eakin, Heather Murren, John W. Thompson, and Peter Wallison. Findings and conclusions are to be presented in a formal report to Congress and the President by December 15, 2010.

 

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