2008/2009 financial crisis - U.S. Financial crisis enquiry commission report and conclusions

On January 27th, the U.S. Financial Crisis Enquiry Commission delivered its report. It was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." The Commission was established as part of the Fraud Enforcement and Recovery Act (Public Law 111-21) passed by Congress and signed by President Obama in May 2009. This independent, 10-member panel was composed of private citizens with experience in areas such as housing, economics, finance, market regulation, banking and consumer protection. Six members of the Commission were appointed by the Democratic leadership of Congress and four by the Republican leadership. The Commission’s statutory instructions set out 22 specific topics for inquiry and called for the examination of the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government.

The Commission's findings are available at:

Conclusions: http://c0182732.cdn1.cloudfiles.rackspacecloud.com/fcic_final_report_conclusions.pdf
Full report: http://c0182732.cdn1.cloudfiles.rackspacecloud.com/fcic_final_report_full.pdf