[lbo-talk] Republicans vote to ban mentioning facts, quit when it doesn't pass

Michael Pollak mpollak at panix.com
Thu Dec 16 13:12:10 PST 2010


http://www.huffingtonpost.com/2010/12/14/financial-crisis-panel-wall-street_n_796839.html

December 15, 2010

The Huffington Post

Financial Crisis Panel In Turmoil As Republicans Defect;

Plan To Blame Government For Crisis

The four Republicans appointed to the commission investigating the root

causes of the financial crisis plan to bypass the bipartisan panel and

release their own report Wednesday, according to people familiar with

the commission's work.

<snip>

During a private commission meeting last week, all four Republicans

voted in favor of banning the phrases "Wall Street" and "shadow

banking" and the words "interconnection" and "deregulation" from the

panel's final report, according to a person familiar with the matter

and confirmed by Brooksley E. Born, one of the six commissioners who

voted against the proposal.

<end excerpts>

Michael



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