‘Revisionist Whitewash’

GOP omits ‘derivatives’ from crisis report

By Ronald D. Orol, MarketWatch

WASHINGTON (MarketWatch) — Republicans omitted the words “derivatives” and “deregulation” from their report released Wednesday on the cause of the financial crisis that shook the economy to the brink in 2008.

REPUBLICAN COMMISSIONERS
ON THE FINANCIAL CRISIS INQUIRY COMMISSION

‘Welcome to Information Retrieval’

Terry Gilliam’s Brazil

MarketWatch Article:

 http://www.marketwatch.com/story/gop-omits-derivatives-from-crisis-report-2010-12-15?reflink=MW_news_stmp

GOP Members break with commission and release independent interpertation:

Financial Crisis Primer


http://republicanleader.house.gov/UploadedFiles/Financial_Crisis_Primer_Final.pdf

Revisionists

Talking Business

Explaining the Crisis With Dogma

"But more recently, it has had to do with the growing tug of war between the commissioners over which financial crisis narrative would win out.

The Republican minority, fearing their view would get short shrift, pre-emptively put forward a CliffsNotes version of their theory of the case. In other words, they responded to a report that hasn’t even yet been written, much less read and voted on by the members.


Is there such a word as “presponse?” Perhaps we should coin it to describe what took place this week at the F.C.I.C."

http://www.nytimes.com/2010/12/18/business/18nocera.html?partner=rss&emc=rss    

& RENEGADES

Hon. Bill Thomas
Commission Vice Chairman

 

Peter J. Wallison
Commissioner

Keith Hennessey
Commissioner

 

Douglas Holtz-Eakin
Commissioner