Friday, May 8, 2009

Ready for Your Rectal Exam Wall St?

Big names are being thrown around by Bloomberg as to who will head the commission that will investigate the financial crisis/meltdown/debacle.

Apparently Sandra Day O'Connor, Paul "No One Talks to Me" Volcker, and Arthur Levitt are all on the short list. Why such heavy-hitters?

“Whoever investigates this is going to have to dig way below the surface and get to the bottom of what caused all these problems,” said Charles Geisst, a finance professor at Manhattan College in New York and author of a history of Wall Street. “If you don’t get someone who has a big name and a good reputation, it sends a signal that you are just going through the motions.”

Ohhhh, you mean that if you just let members of Congress do the bloviating questioning, the witnesses might not take the investigation seriously? Get out!

Congress Weighs O’Connor, Volcker, Levitt to Investigate Crisis [Bloomberg] Sphere: Related Content

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