INSIDE THE CHASE: Five years ago today, Hank Paulson, U.S. Treasury Secretary at the time, unveiled the $700-billion Troubled Asset Relief Program to Congress. It was perhaps the clearest sign of how unhinged the U.S. financial system was becoming. Today, while Wall Street has more or less recovered, the economy is still struggling .One person who studied the impact of the financial crisis is Phil Angelides, chairman of the Financial Crisis Inquiry Commission. He offers some critical "must do" reforms he says will ensure a similar crisis won't happen again.
Filed in: Economy, International, U.S.
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