In conjunction with the transaction, Pat Clemens has been appointed president and CEO of FCIC
Warren's office said, "The senator's letter [to DOJ IG] provides details of the FCIC
's referrals and the alleged misconduct by these nine individuals and 14 firms, and calls for an IG investigation of DOJ actions taken in response to the FCIC
Though the FCIC
wasn't allowed to launch criminal investigations, it did make prosecutorial suggestions to the Department of Justice.
The 32nd CSC Annual General Meeting saw the unveiling of a five-year strategic plan by president Neil Burford, FCIC
However, the FCIC
documents discussed in this paper show that Fannie and Freddie knew these loans would be unprofitable and in some cases loss-producing.
In 2013 AEI released his book Bad History, Worse Policy as an initial response to the FCIC
The revised outlook for FCIC
recognizes its favorable growth in capital, direct premiums and operating earnings in recent years.
That's partly due to the fact that the FCIC
has allowed more corn acreage into production in recent years, widening the Corn Belt into nontraditional fringe states and giving farmers more confidence in their projected acreage production, says Bob Utterback, president and CEO of Utterback Marketing Services Inc.
According to National Crop Insurance Services (NCIS), an organization of national crop insurers, the FCIC
is stabilizing and as a risk management solution, is largely successful.
Though The Financial Crisis Inquiry Report was a minor hit at the bookstore and received favorable reviews praising its approachable style, (24) the Report, and the work of the FCIC
more broadly, has faced nearly universal criticism.
was last year appointed by Congress to investigate the causes of the financial crisis.
The Fraud Enforcement and Recovery Act of 2009 requires the FCIC
to examine 22 specific areas related to the financial crisis, including fraud and abuse in the financial sector; accounting practices, such as mark-to-market and fair value; corporate governance; compensation; and tax treatment of financial products and investments.