WheresOurMoney.org’s Harvey Rosenfield on the Financial Crisis Inquiry Commission hearings chaired by Phil Angelides: “If symbolism is what this is all about, I say we’ve moved beyond the ‘apology’ stage. How about sending some of these people to jail for twenty years?”
Martin Berg from Where’s Our Money writes: “The bankers, beleaguered as they may like to appear, have little to fear if the questioning continues as it began. So far, this is no Pecora Commission, the Depression-era investigation into the cause of the financial crash that led to landmark reforms. ...”
“The Governator” has opened up a big lead over opponent Phil Angelides in the November California governor’s race. It’s quite a comeback considering how badly voters spanked Arnold by voting down his four ballot proposals last year. (Kos has the details).