"The Financial Crisis Inquiry Commission was created to 'examine the causes, domestic and global, of the current financial and economic crisis in the United States.' The Commission was established as part of the Fraud Enforcement and Recovery Act (Public Law 111-21) passed by Congress and signed by the President in May 2009. This independent, 10-member panel was composed of private citizens with experience in areas such as housing, economics, finance, market regulation, banking and consumer protection. Six members of the Commission were appointed by the Democratic leadership of Congress and four by the Republican leadership. The Commission's statutory instructions set out 22 specific topics for inquiry and called for the examination of the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government. On January 27, 2011 the Commission delivered its report to the President, Congress and the American people. The operations of the Commission will conclude on February 13, 2011."
United States Financial Crisis Inquiry Commission: http://www.fcic.gov