From NBC's Chuck Todd and Abby Livingston
There's no 9/11 Commission, no Iraq Study Group, no Warren Commission. Sure, a few have proposed the idea, including JP Morgan Chase CEO Jamie Dimon, former GOP presidential candidate Sen. John McCain with Sen. Byron Dorgan, as well as Republican Congressman Darrell Issa, but no one else has jumped on the bandwagon.
This is odd behavior for Washington. Could it be the folks who run government are fearful of what a commission would find out? Do they think the commission would get into the way? What other reasons? Isn't this something we all have to know at some point which is, how did this happen? Was it something the Fed did? Was it mortgage brokers? Was it everyone? Did the Glass-Steagall Act, which created FDIC insurance, contribute?