Jamie Dimon

GAO Audit Reveals Massive $16.1 Trillion in Secret Federal Reserve Crisis Loans

2011-12-01 00:00:00 +0000 UTC | Importance: 10/10

The first comprehensive audit of the Federal Reserve revealed it secretly provided $16.1 trillion in emergency loans to major financial institutions during the 2008-2010 financial crisis, far exceeding the $700 billion TARP program. The audit exposed unprecedented scale of financial sector bailouts, …

Federal Reserve Ben Bernanke Citigroup Morgan Stanley Goldman Sachs +4 more financial-crisis secret-bailout monetary-capture federal-reserve regulatory-capture +1 more

Financial Crisis Inquiry Commission Report Released, No Banker Prosecutions Follow

2011-01-27 00:00:00 +0000 UTC | Importance: 9/10

The Financial Crisis Inquiry Commission (FCIC), established in 2010 and led by Phil Angelides, released its final report concluding the 2008 financial crisis was caused by a “systemic breakdown in accountability and ethics” on the part of corporate executives. The commission was …

Financial Crisis Inquiry Commission Phil Angelides Lloyd Blankfein Jamie Dimon U.S. Congress financial-regulation corporate-impunity regulatory-capture accountability-crisis 2008-financial-crisis