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Senate Report: The Real Culprits of the Financial Collapse


By CR - Posted on 12 October 2011


Senator Carl Levin, Democrat of Michigan, left, and Kerry Killinger, the ex-chief executive of Washington Mutual.

A report from the US Senate, identifies the main culprits of the financial collpase of 2008, with some of the main culprits being:

  • Washington Mutual
  • Moody's Investor Service
  • Goldman Sachs
  • Deutsch Bank
  • Countrywide Mortgage
  • IndyMac

To read the full Senate Report, go here:
http://www.nytimes.com/interactive/2011/04/14/business/14crisis-docviewer.html