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January 13, 2010

Some questions we'd like to see for Wall Street

A group of financial experts convened by the NY Times each offers three questions they wish the Congressionally-established Financial Crisis Inquiry Commission would ask Lloyd Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John Mack of Morgan Stanley and Brian Moynihan of Bank of America today.

Most the questions settle around the use of credit default swaps. No surprise there. Nor will it be a surprise if the actual commission asks none of those questions.

Meanwhile, Robert Reich notes both Congress and President Obama continue to dither on taking specific steps to keep our country's financial Rome from burning again.

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