Commission Blames 'Avoidable' Financial Crisis On Watchdogs And Wall Street04:28
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Philip Angelides, left, chairman of the Financial Crisis Inquiry Commission, and vice chairman Bill Thomas, listen to testimony, Wednesday in 2010, in New York. (AP)
Philip Angelides, left, chairman of the Financial Crisis Inquiry Commission, and vice chairman Bill Thomas, listen to testimony, Wednesday in 2010, in New York. (AP)

The congressional commission investigating the causes of the 2008 financial collapse will issue a 576-page report tomorrow that finds plenty of fault to go around.

The so-called Angelides Commission points the finger at the captains of finance on Wall Street for excessive risk-taking, the Securities and Exchange Commission and Federal Reserve leaders, such as Alan Greenspan and Ben Bernanke, for neglecting their regulatory missions and politicians for enacting some of the regulations that led to the crisis. We speak with Wall Street Journal reporter John McKinnon.

This segment aired on January 26, 2011.

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