Comments on: New “Pecora Commission” To Be Named This Week? Who Would You Appoint?

By: Eric Lotke

Eric Lotke — Wed, 01 Jul 2009 14:53:53 +0000

I comment on myself: I forget to mention Spitzer. A great way for him to rehabilitate himself.

By: Eric Lotke

Eric Lotke — Wed, 01 Jul 2009 14:52:56 +0000

The names being listed again and again, I like too — Elizabeth Warren, James Galbraith, Stiglitz, if willing to serve.

But let’s not forget Damon Silvers — from the AFL, and presently serving as COP with Warren.
And Dean Baker would be great.

Among the candidates closer to the establishment, I understand Brookesly Borne to be closest to what we need.

For the record: We’ve been collecting writings on the Pecora subject on our web page,
http://www.ourfuture.org/features/commission.

Go, team!

By: MarkH

MarkH — Wed, 01 Jul 2009 05:17:08 +0000

I thought of Ian too.

Who was the author of that book last year that said it was too easy and he was retiring early? I forget his name, but he basically said f’ off you’re all stupid and I’ve got a ton of money, so I’m retiring.

If you understand how it works that well, then you might just know where all the tricks and garbage are.

By: barbara

barbara — Wed, 01 Jul 2009 02:01:39 +0000

Playing catch-up. Norske, fwiw, I think you’re right. I imagine your heart will go pitty-pat upon receiving that news.

By: smith9898

smith9898 — Wed, 01 Jul 2009 01:45:21 +0000

I think the picks should be REICH,KRUGMAN,STIGLIZ,DEAN BAKER,CREIDER, WARREN,BAKER,ROUBINI to name a few,they must have or come with special powers to examine everything and everyone. A time frame for such a commision and tell all that happen to insure it does not happen again.

By: sunshine

sunshine — Wed, 01 Jul 2009 01:40:21 +0000

I also don’t want any former or current members of congress or any other gov agency. I also agree with Ian Welsh. And Warren Buffett.

By: Kassandra

Kassandra — Wed, 01 Jul 2009 01:33:41 +0000

Spitzer, Krugman and Turley…Who nominated Thompson???

By: Funnydiva2002

Funnydiva2002 — Wed, 01 Jul 2009 01:10:32 +0000

His good isn’t my primary concern.
My problem is with all the good that it does for you, me, Firepups and the rest of the American People.
Spit.

FWDiva

By: montanamaven

montanamaven — Wed, 01 Jul 2009 00:49:44 +0000

I wrote a diary here awhile back and said “we need a new Ferdinand Pecora”… The commission itself wasn’t successful until they hired Pecora and he began his devastating questioning. There was great theater because he was an immigrant who was taking on the wealthy Wall Street elite American aristocracy. So it was about the story… self made immigrant lawyer against the rich.

Unfortunately, John Edwards is discredited. But that’s the kind of small town boy withers the titans kind of story needed. Or small town girl… Elizabeth Warren is still a top choice. A Clarence Darrow. Anyway, a trial lawyer of lowly background who can humiliate.

Pecora said it was the story that galvanized the American people and they demanded change and got it.

By: Hugh

Hugh — Wed, 01 Jul 2009 00:45:07 +0000

But Krugman does defer to Bernanke who hired him at Princeton and essentially laid the foundation for Krugman’s success. Roubini too avoids criticism of Summers and the other guys who were with him when he was at Treasury.