Inquiry Commission Investigates Subprime, GSE, Regulator Role in Housing Collapse
April 8, 2010
Efforts by the Financial Crisis Inquiry Commission to shed light on problems in the mortgage industry were interrupted by a power outage on Capitol Hill during a hearing this week, as industry experts and former government officials played a dimly-lit blame game about the role of subprime loans and Fannie Mae and Freddie Mac. Former Chairman of the Federal Reserve System Board...