What wall-street really fear

Discussion in 'Wall St. News' started by kaciara, Jan 25, 2010.

  1. kaciara


    Wall Street is scared, and it has nothing to do with the investigation by the Financial Crisis Inquiry Commission, the congressionally mandated committee led by former California State Treasurer Phil Angelides that is looking into the root causes of the 2008 financial meltdown. At the committee’s first hearing last week, after the CEOs of Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Bank of America were forced to swear they wouldn’t lie, I heard one of the committee members admit the probing questions he would be sending the heads of these firms would not be from his staff of crack investigators but from The New York Times.