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Pelosi, Reid Announce Appointments To New Pecora Commission

It took a few weeks longer than expected, but Democratic leaders have settled upon their six appointees to the 10-member Financial Crisis Inquiry Commission, which will investigate the causes of the meltdown on Wall Street and its ripple effects throughout the economy.

California State Treasurer Phil Angelides will chair the Commission. He will join Brooksley Born, Chair of the Commodities Futures Trading Commission from 1996-1999; John W. Thompson, retired-CEO and Chairman of the Board of Directors of Symantec Corporation; Former senator and governor Bob Graham (D-FL); Heather Murren, a retired Managing Director for Global Securities Research and Economics at Merrill Lynch; and Byron Georgiou, who is a Las Vegas-based businessman and attorney.

Pelosi named Angelides, Born, and Thompson. Reid tapped Graham, Murren, and Georgiou. Republican House and Senate leaders will name four more members, including a vice chairman, and we'll bring you those names--and more background on the panelists--when we get them.


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This is a joke, right? Or are they really appointing a retired tech CEO, a former Merrill Lynch exec, a DLC Democratic ex-Senator who's taken millions from the financial services industry AND a "Las Vegas-based businessman" to the panel that's supposed to investigate the financial crisis? And those are four of the DEMOCRATIC picks???

Angelides and Born are going to be outvoted 8-2.

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Peter,

at least Lee Hamilton didn't get an appointment.

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Whitewash coming up.

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You'd think the Democratic wing of the Democratic Party would be entitled to at least half of the Democratic appointments.

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Hope springs eternal--but the Democrats keep letting me down. Wonder why I keep voting for them--oh yeah, I forgot, Republicans are pure unadulterated Evil. Democrats are merely venal, craven and cowardly.

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