The new truth-teller

The Nation
by William Greider

07/20/09

Phil Angelides, the former state treasurer of California, is a tough-minded liberal with hands-on knowledge of high finance and the social contradictions in modern capitalism. So it is remarkable that Angelides has been chosen to chair the Financial Crisis Inquiry Commission newly created by Congress. The commission has enormous potential to generate deeper reforms than anything President Obama has yet proposed, simply by digging out the hard facts of what caused the financial collapse. An honest investigation … could splash embarrassment on both political parties and turn up shocking evidence of the political collusion between Washington and Wall Street. But can we really expect such a truth-telling creature to emerge from Congress?

//www.thenation.com/doc/20090803/greider2


Informant: Thomas L. Knapp



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//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=William+Greider

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