From: Beneva Schulte [bschulte@fcic.gov]
Sent: Tuesday, December 22, 2009 12:44 PM
To: Beneva Schulte
Subject: Financial Crisis Inquiry Commission Announces Dates for First Public Hearing

Media Advisory

 

For Immediate Release                                                           Media Inquiries:

December 22, 2009                                                                 Beneva Schulte 202-292-1343

                                                                                                bschulte@fcic.gov

           

Financial Crisis Inquiry Commission

 Announces Dates for First Public Hearing

 

(Washington, DC) – The Financial Crisis Inquiry Commission (FCIC), the bi-partisan 10-member panel established by Congress to examine the causes of the financial crisis, today announced the dates for its first public hearing.  The first hearing – Causes and Current State of the Financial Crisis – will take place on Wednesday, January 13 and Thursday, January 14, 2010.  This hearing will be the first in a series to be held throughout 2010.

 

At this first public hearing, the Commission will begin its thorough examination of the root causes of the crisis, hearing testimony on the causes and current state of the crisis. Top leaders of both private and public sector entities that played critical roles in the crisis will testify.

 

Who:               Financial Crisis Inquiry Commission

 

What:             FCIC first public hearing – Causes and Current State of the Financial Crisis  

 

When:             Wednesday, January 13, 2010:  9:00am

Thursday, January 14, 2010:      9:00am

 

Where:           1100 Longworth House Office Building

                        Washington, DC

 

FCIC Background: The bi-partisan 10-member Financial Crisis Inquiry Commission was created by Congress and is charged with examining the causes of the financial meltdown.  It is also examining causes of the collapse of major financial institutions that failed or would likely have failed had they not received exceptional government assistance.  The Commission Chair is Phil Angelides and the Vice Chair is Bill Thomas.  Findings and conclusions are to be presented in a formal report to Congress and the President by December 15, 2010.