The Financial Crisis Inquiry Report (and Announcement of Stanford Rock Center Hosting New FCIC Website)
April 4, 2011 5:30pm - 7:30pm
5:30 pm Reception - Student Lounge
6:00 - 7:30 pm Presentation - Room 290
About the Event: The Financial Crisis Inquiry Commission was created to “examine the causes of the current financial and economic crisis in the United States.” The Commission presented a Report intended to provide a historical accounting of what brought the US financial system and economy to a precipice and to help policy makers and the public better understand how this calamity came to be. The 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 members by the Republican leadership.
In the course of its research and investigation, the Commission reviewed millions of pages of documents, interviewed more than 700 witnesses, and held 19 days of public hearings in New York, Washington, D.C., and communities across the country that were hard hit by the crisis. The Commission also drew from a large body of existing work about the crisis developed by congressional committees, government agencies, academics, journalists, legal investigators, and many others.
The Report is not the sole repository of what the panel found. A website, www.fcic.gov, soon to be hosted by the Stanford Rock Center for Corporate Governance, will host a wealth of information beyond the Report. It contains a stockpile of materials—including documents and emails, video of the Commission’s public hearings, testimony, and supporting research—that can be studied for years to come.
About the Speakers:
Phil Angelides, Chairman of Financial Crisis Inquiry Commission, has earned national acclaim as an effective public and private sector leader with accomplishments and broad expertise in the fields of investor protection, finance, housing, and corporate and financial market reform. Mr. Angelides is currently President of Riverview Capital Investments which focuses on sustainable urban development and clean energy projects. From 1999 to 2007, he served as California’s State Treasurer.
John W. Thompson, Commissioner of the Financial Crisis Inquiry Commission, is Chairman of the Board at Symantec Corporation. During his 10-year tenure as CEO, he helped transform Symantec into a leader in security, storage, and systems management solutions.
Joseph Grundfest, W. A. Franke Professor of Law and Business at Stanford Law School, is a former Commissioner of the S.E.C. and a nationally prominent expert on capital markets, corporate governance, and securities litigtation. His scholarship has been published in the Harvard, Yale, and Stanford law reviews. Prof. Grundfest is a Senior Faculty of the Arthur and Toni Rembe Rock Center for Corporate Governance.
Registration Information: This event is open to the public and registration is complimentary, but required. Click here to RSVP for this event.