The 10-member commission has six members appointed by congressional Democrats and four by Republicans.
This should be interesting. We can only hope this commission understands considerably more about finance and markets then previous panels. What is painfully obvious is how ignorant congress and the house are when it comes to these topics. Tax-payers would be better served if the members were accompanied by former investment experts without a stake in the game. To be fair-not all are painfully ignorant.
As mentioned before- The timing of this is impeccable. Just when bonuses are coming out and public anger is swelling. Spin City. Let's see how it plays out.
more to come.......
