MARC record from Internet Archive

LEADER: 07999cam 2200685 a 4500
001 ocn698453167
003 OCoLC
005 20210814054341.0
008 110127s2011 dcuab b f000 0 eng c
040 $aGPO$beng$cGPO$dGPO$dYLS$dGPO$dSLA$dEDK$dNRU$dAGL$dBTCTA$dYDXCP$dFDA$dALK$dOCLCF$dOCLCO$dOCLCQ$dIOU$dIOG$dOCLCA$dJDP$dBDP$dOCL$dOCLCQ
019 $a704375181$a708898700$a980019459
020 $a9780160877278
020 $a016087727X
020 $a9780160879838$q(pbk.)
020 $a0160879833$q(pbk.)
035 $a(OCoLC)698453167$z(OCoLC)704375181$z(OCoLC)708898700$z(OCoLC)980019459
037 $a052-070-07606-2$bGPO
042 $apcc
043 $an-us---
050 4 $aHB3717 2008$b.U56 2010
055 3 $aHB3717 2008$bU56 A35
070 0 $aHB3717 2008$b.U56 2010
074 $a1004-E
082 04 $a338.542$bU58f 2011
086 0 $aY 3.2:F 49/2/C 86
110 1 $aUnited States.$bFinancial Crisis Inquiry Commission.
245 14 $aThe financial crisis inquiry report :$bfinal report of the National Commission on the Causes of the Financial and Economic Crisis in the United States /$csubmitted by the Financial Crisis Inquiry Commission pursuant to Public Law 111-21.
246 30 $aFinal report of the National Commission on the Causes of the Financial and Economic Crisis in the United States
250 $aOfficial government ed.
260 $aWashington, DC :$bFinancial Crisis Inquiry Commission :$bFor sale by the Supt. of Docs., U.S. G.P.O.,$c[2011]
300 $axxviii, 633 pages :$billustrations, map ;$c23 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
500 $aShipping list no.: 2011-0022-S.
500 $a"January 2011."
520 $aFrom the Publisher: In the wake of the most significant financial crisis since the Great Depression, the President signed into law on May 20, 2009, the Fraud Enforcement and Recovery Act of 2009, creating the Financial Crisis Inquiry Commission. The Commission was established to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." The 10 members of the bi-partisan Commission, prominent private citizens with significant experience in banking, market regulation, taxation, finance, economics, housing, and consumer protection, were appointed by Congress on July 15, 2009. The Chair, Phil Angelides, and Vice Chair, Bill Thomas, were selected jointly by the House and Senate Majority and Minority Leadership. The FCIC is charged with conducting a comprehensive examination of 22 specific and substantive areas of inquiry related to the financial crisis. These include: fraud and abuse in the financial sector, including fraud and abuse towards consumers in the mortgage sector; Federal and State financial regulators, including the extent to which they enforced, or failed to enforce statutory, regulatory, or supervisory requirements; the global imbalance of savings, international capital flows, and fiscal imbalances of various governments; monetary policy and the availability and terms of credit; accounting practices, including, mark-to-market and fair value rules, and treatment of off-balance sheet vehicles; tax treatment of financial products and investments; capital requirements and regulations on leverage and liquidity, including the capital structures of regulated and non-regulated financial entities; credit rating agencies in the financial system, including, reliance on credit ratings by financial institutions and Federal financial regulators, the use of credit ratings in financial regulation, and the use of credit ratings in the securitization markets; lending practices and securitization, including the originate-to-distribute model for extending credit and transferring risk; affiliations between insured depository institutions and securities, insurance, and other types of nonbanking companies; the concept that certain institutions are 'too-big-to-fail' and its impact on market expectations; corporate governance, including the impact of company conversions from partnerships to corporations; compensation structures; changes in compensation for employees of financial companies, as compared to compensation for others with similar skill sets in the labor market; the legal and regulatory structure of the United States housing market; derivatives and unregulated financial products and practices, including credit default swaps; short-selling; financial institution reliance on numerical models, including risk models and credit ratings; the legal and regulatory structure governing financial institutions, including the extent to which the structure creates the opportunity for financial institutions to engage in regulatory arbitrage; the legal and regulatory structure governing investor and mortgagor protection; financial institutions and government-sponsored enterprises; and the quality of due diligence undertaken by financial institutions. The Commission is called upon to examine the causes of major financial institutions which failed, or were likely to have failed, had they not received exceptional government assistance. In its work, the Commission is authorized to hold hearings; issue subpoenas either for witness testimony or documents; and refer to the Attorney General or the appropriate state Attorney General any person who may have violated U.S. law in relation to the financial crisis.
504 $aIncludes bibliographical references (pages 553-633).
505 0 $aCommissioners -- Commissioner votes -- Commission staff list -- Preface -- Conclusions Of The Financial Crisis Inquiry Commission -- Part 1: Crisis On The Horizon -- 1: Before our very eyes -- Part 2: Setting The Stage -- 2: Shadow banking -- 3: Securitization and derivatives -- 4: Deregulation redux -- 5: Subprime lending -- Part 3: Boom And Bust -- 6: Credit expansion -- 7: Mortgage machine -- 8: CDO machine -- 9: All in -- 10: Madness -- 11: Bust -- Part 4: Unraveling -- 12: Early 2007: Spreading subprime worries -- 13: Summer 2007: Disruptions in funding -- 14: Late 2007 to early 2008: Billions in subprime losses -- 15: March 2008: Fall of Bear Stearns -- 16: March to August 2008: Systemic risk concerns -- 17: September 2008: Takeover of Fannie Mae and Freddie Mac -- 18: September 2008: Bankruptcy of Lehman -- 19: September 2008: Bailout of AIG -- 20: Crisis and panic -- Part 5: Aftershocks -- 21: Economic fallout -- 22: Foreclosure crisis -- Dissenting Views -- By Keith Hennessey, Douglas Holtz-Eakin, and Bill Thomas -- By Peter J Wallison -- Appendix A: Glossary -- Appendix B: List of hearings and witnesses -- Notes -- Index available online at www.publicaffairsbooks.com/fcicindex.pdf.
530 $aAlso available on the Internet.
650 0 $aGlobal Financial Crisis, 2008-2009.
650 0 $aFinancial crises$zUnited States.
651 0 $aUnited States$xEconomic conditions$y2009-
650 7 $aEconomic history.$2fast$0(OCoLC)fst00901974
650 7 $aFinancial crises.$2fast$0(OCoLC)fst00924607
651 7 $aUnited States.$2fast$0(OCoLC)fst01204155
647 7 $aGlobal Financial Crisis$d(2008-2009)$2fast$0(OCoLC)fst01755654
648 7 $aSince 2008$2fast
655 7 $aInternet resources.$2gtlm
655 7 $aComputer network resources.$2lcgft
776 08 $iOnline version:$aUnited States. Financial Crisis Inquiry Commission.$tFinancial crisis inquiry report.$bOfficial government ed.$h1 online resource (xxviii, 633 p.)$w(OCoLC)698453302
856 41 $zAccess online$uhttp://purl.fdlp.gov/GPO/gpo3449$70
856 41 $zAccess via the internet.$uhttp://fcic.law.stanford.edu/report
856 41 $uhttp://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf
938 $aBaker and Taylor$bBTCP$nBK0009613524
938 $aYBP Library Services$bYANK$n6821336
029 1 $aAU@$b000048350611
029 1 $aDEBBG$bBV037224011
994 $aZ0$bP4A
948 $hNO HOLDINGS IN P4A - 771 OTHER HOLDINGS