Friday, January 28, 2011

Banks Regulators Blasted By The Financial Crisis Probe


WASHINGTON • "Wall Street's plunge into the U.S. housing market reached such a level of madness that three giant banks kept buying billions of dollars in risky mortgage securities when most investors were shunning them, a congressional commission said Thursday in its long-awaited report on the causes of the U.S. financial crisis".


To read more on this report by Greg Gordon and Kevin G. Hall of the McClatchy Newspaper click here. 

Want to learn more about the financial crisis? Then click here and you can have all the information you need in under a minute.

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