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Loan Modification

: Mortgage Lender Implode-o-Meter

Can crisis inquiry live up to 1930s trailblazer?

By Implode-Explode Heavy Industries

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"Ferdinand Pecora turned a tame United States investigation of the 1929 Crash into an exposé that spawned far-reaching banking reform. Despite flashes of incisiveness from Chairman Phil Angelides, the Financial Crisis Inquiry Commission?s debut with Wall Street bosses Wednesday lacked that kind of promise. It?s early days, but the panel needs to sharpen up."

Full post as published by Mortgage Lender Implode-o-Meter on January 15, 2010 (boomark / email).

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