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...blame. Congress set up the commission early last year with a mandate to investigate 22 possible things, from mortgage fraud to global savings imbalances, that could have either caused the financial crisis or made it worse. Modeled after the 9/11 commission, the FCIC is much larger than any other panel or watchdog created in wake of the financial crisis. The FCIC has 10 members, including six appointed by Democratic lawmakers and four appointed by Republicans. It has a budget to hire 35 staffers and until Dec. 15, 2010, to complete its work...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

...process. The 9/11 commission, because it involved national security, held many of its hearings in private and then at the end produced a massive report. The FCIC says it will hold most of its hearings in public, and will quickly release any information it uncovers. Two members of the panel, Keith Hennessey and Byron Georgiou, have their own blogs. Last week, Hennessey, who was a White House economics adviser to President George W. Bush, asked readers what he should be asking bank CEOs. (See the worst business deals...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

...Administration (FDA). These figures include everything from attempted suicides to people who gulped down entire bottles trying to get well, and it is difficult to tease out just how many people got sick because of tiny overdoses. To address at least some of these cases, the FDA convened a panel of experts in June 2009 and charged them with the task of evaluating the safety of acetaminophen-containing drugs. That panel recommended various steps, including reducing the maximum daily dosage of acetaminophen and making Tylenol Extra Strength a prescription-only medicine...

Author: /time Magazine | Title: A Spoonful of Medicine: Too Often the Wrong Dose | 1/7/2010 | See Source »

...minced few words when questioning Treasury Secretary Timothy F. Geithner at quarterly hearings before the Congressional Oversight Panel...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Bank Bailout Overseer, an HLS Professor, Named Bostonian of the Year | 1/5/2010 | See Source »

...head of the TARP oversight panel, Elizabeth Warren has been an extremely effective and influential monitor of one of the consequential economic programs in history, and in this role she has successfully and effectively put a spotlight on issues of great significance," said Law School Professor Lucian A. Bebchuk, who has written prolifically about TARP and executive pay, in an e-mailed statement from abroad...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Bank Bailout Overseer, an HLS Professor, Named Bostonian of the Year | 1/5/2010 | See Source »

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