Deliver Your News to the World

FinancialCrisisInquiryReport.com Expands its Collection of Financial Crisis Documents to over 100,000 Pages


WEBWIRE

Los Angeles, CA - BACM Research’s FinancialCrisisInquiryReport.com has announced its new edition of The Financial Crisis Inquiry Report: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States Official Government Edition (2011) Expanded Documentation Edition DVD-ROM set.

This set now has 116,721 pages. This new edition has an added 41,000 pages of documents collected during the FCIC investigation, letters, e-mails, court fillings, reports, transcripts of meetings, graphics, and historical material.

New to the collection is 385 hours of audio recordings of interviews conducted by staff members of the Financial Crisis Inquiry Commission.

The 246 interviewees include: Alan Greenspan, Federal Reserve Board; Robert Rubin, Citigroup; George Soros, Soros Fund Management, LLC; Sandy Weill, Citigroup; Hank Greenberg, American International Group; Angelo Mozilo, Countrywide; Joe Cassano, AIG, Inc; Charles Prince, Citigroup; John Thain, Merrill Lynch; Arthur Levitt, Securities and Exchange Commission; Harvey Pitt, SEC; Paul Volcker, Federal Reserve Board; Henry Cisneros, Department of Housing and Urban Development; Dick Fuld, Lehman Brothers; Alberto Gonzales, United States Attorney General; Robert Mueller, Federal Bureau of Investigation; Paul Krugman, Princeton University, and 226 other individuals.

For more information and to obtain this research set go to http://www.FinancialCrisisInquiryReport.com

The material now available in the latest edition includes:

THE FINAL REPORT

This official edition is complete, including all 129 pages of dissenting views and an index.

This bipartisan Commission was given the mission in May 2009, to examine the causes of the U.S. financial crisis and to report its findings to the Congress, the President, and the American people. Its final report includes the results of the Commission’s inquiry and the Commission’s conclusions as to the causes of the financial crisis based on this inquiry.


COMMISSION COLLECTED DOCUMENTS

75,000 pages of letters, e-mails, court fillings, reports and other documents. The Commission used the authority it was given to issue subpoenas to compel testimony and the production of documents. These documents were part of its inquiry into institutions that included American International Group (AIG), Bear Stearns, Citigroup, Countrywide Financial, Fannie Mae, Goldman Sachs, Lehman Brothers, Merrill Lynch, Moody’s, Wachovia, and other firms.

The Commission studied policies put in place by successive Congresses and administrations. The Commission examined the roles of policy makers and regulators at the Federal Deposit Insurance Corporation, the Federal Reserve Board, the Federal Reserve Bank of New York, the Department of Housing and Urban Development, the Office of the Comptroller of the Currency, the Office of Federal Housing Enterprise Oversight (and its successor, the Federal Housing Finance Agency), the Office of Thrift Supervision, the Securities and Exchange Commission, and the Treasury Department.


HISTORICAL DOCUMENTS

“The difficulties under which the whole country is at present laboring will be richly compensated if they should lead to such a renovation of our business system as shall prevent the recurrence of similar periods of panic and disaster.” – Forward from “A Brief Account of All the Financial Panics and Commercial Revulsions in the United States, from 1690 to 1857,” written in 1857.

The financial crisis circa 2008 was not the first and likely not the last to be experienced in the United States. To add a historical perspective, six volumes have been added to this research set.

The United States Congressional report, “The Causes of the General Depression in Labor and Business,” Published in 1879.

“History of Crises under the National Banking System,” (1910)

“Brief History of Panics and Their Periodical Occurrence in the United States,” by DeCourcy W. Thom, published in 1916.

Wall Street Crash of 1929 Congressional Report - “Report of the Committee on Banking and Currency Pursuant to S.Res. 84 and S.Res. 56 and S.Res. 97, June 6, 1934.”

“75 Years of American Finance,” First Published in 1936. A detailed graphic presentation of American financial history from 1861 through 1938.

“Business Booms and Depressions since 1775.” A detailed fold out chart published in 1943.

A copy of "A Brief Account of all the Financial Panics and Commercial Revulsions in the United States, from 1690 to 1857: with a More Particular History of the Two Great Revulsions of 1837 and 1857,” published in 1857.


ADDITIONAL FCIC REPORTS

Throughout the Financial Crisis Inquiry Commission’s tenure, the Commission’s staff developed preliminary staff reports containing factual background information on subject matters related to the Commission’s public hearings. These staff reports were submitted to the Commission and the public for information, review and comment.


GRAPHICS

Graphics created by the FCIC to help illustrate a number of issues the Commission highlighted in its public hearings and in its final report.

The 30 graphics cover:

HOUSING
Funding for Mortgages
Subprime Mortgage Originations
U.S. Home Prices
Mortgage Delinquencies by Region
Mortgage Delinquencies by Loan Type
Household Net Worth
“Underwater” Mortgages


FINANCE
Traditional and Shadow Banking Systems
Asset-Backed Securities Outstanding
Compensation in Financial and Nonfinancial Sectors
Bank Borrowing and Mortgage Interest Rates
Repo Borrowing
Asset-Backed Commercial Paper Outstanding
Bear Stearns Liquidity
Notional Amount and Gross Market Value of OTC Derivates Outstanding
Cost of Interbank Lending
Investments in Money Market Funds
Cost of Short-Term Borrowing
Payments to AIG Counterparties

MORTGAGE SECURITIES
Residential Mortgage-Backed Securities Tranches
Collateralized Debt Obligations
Synthetic CDO
Selected Investors in CMLTI 2006-NC2
Buyers of Non-GSE Mortgage-Backed Securities
Rejected Loans Waived in by Selected Banks
Loan Performance in Various Mortgage-Market Segments
Impaired Securities
Amplification
Securitization in Theory
Goldman Sachs’s Top Derivatives Counterparties


HEARINGS & TESTIMONY TRANSCRIPTS

20,834 pages of hearings and testimony transcripts from the 19 days of public hearings in New York, Washington, D.C., and communities across the United States.


GLOSSARY

A glossary of the common terms used in FCIC’s report and their definitions.


For more information and to obtain this research set go to http://www.FinancialCrisisInquiryReport.com



About BACM Research

BACM Research through PaperlessArchives.com publishes documentary historical research collections. Materials cover Presidencies, Historical Figures, Historical Events, Celebrities, Organized Crime, Politics, Military Operations, Famous Crimes, Intelligence Gathering, Espionage, Civil Rights, World War I, World War II, Korean War, Vietnam War, and more.

Source material from Federal Bureau of Investigation (FBI), Central Intelligence Agency (CIA), National Security Agency (NSA), Defense Intelligence Agency (DIA), Secret Service, National Security Council, Department of Defense, Joint Chiefs of Staff, Department of Justice, National Archive Records and Administration, and Presidential Libraries.

http://www.paperlessarchives.com



WebWireID132653




 
 financial criis
 financial crisis report
 Financial Crisis Inquiry
 fcic
 financial criis documents


This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.