Aug. 4 (Bloomberg) -- Former California Treasurer Phil Angelides, who served as chairman of the Financial Crisis Inquiry Commission, talks about the reaction of the financial markets to the recently enacted U.S. debt-limit compromise and weakening economy, and the role of Fannie Mae and Freddie Mac in the financial crisis.
Angelides speaks with Lisa Murphy on Bloomberg Television's "Fast Forward." (Phil Angelides is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)