Coulda, shoulda, didn't?
On Capitol Hill, it's Day Two in a three-day series of hearings to investigate the roots of the financial crisis. In this round, the bipartisan Financial Crisis Inquiry Commission has singled out Citigroup. The erstwhile financial services 'supermarket' managed to have a hand in pretty much every piece of the over-heated financial industry that went so terribly wrong. Yesterday chairman and former California state treasurer Phil Angelides pointed out years' worth of reviews, reports and all manner of red flags.
Elizabeth Wynne Johnson reports.