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Tag Archive: Lobbyists

Financial Crisis report highlights transparency needs

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The U.S. financial collapse in 2008 was avoidable and predictable, according to a report by a commission created to investigate the crisis. The report, generated by the Financial Crisis Inquiry Commission, is the subject of a House Financial Services hearing on Wednesday. That hearing will be live streamed on Sunlight Live, our award-winning multimedia platform combining data, live blogging, social networking and video streaming.

Among the report's key findings were that the collapse was a failure of:
  • government regulation and supervision, 
  • corporate governance
  • government preparation to deal with such a crisis
  • excess risk by banking institutions
  • loss of ...

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