One of the heroes of the near-meltdown of 2008 is Phil Angelides. A two-term former treasurer of California with a reputation for integrity, he was hired while the sense of peril was still fresh to chair a Federal blue-ribbon commission (six Democratic legislators, four Republican, fifty staffers). Its mission: examine the causes of the financial crisis and help policy makers and the public better understand “how this calamity came to be.”
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A Mind Made Up
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One of the heroes of the near-meltdown of 2008 is Phil Angelides. A two-term former treasurer of California with a reputation for integrity, he was hired while the sense of peril was still fresh to chair a Federal blue-ribbon commission (six Democratic legislators, four Republican, fifty staffers). Its mission: examine the causes of the financial crisis and help policy makers and the public better understand “how this calamity came to be.”