... at the end of chapters in Parts III, IV, and V of this report. The subject of this report is of no small consequence to this nation. The profoundevents of and were neither bumps in the ... the Federal Deposit Insurance Corporation, the Federal ReserveBoard, the Federal Reserve Bank of New York, the Department of Housing and Ur-ban Development, the Oce of the Comptroller of the ... with the failure of Lehman Brothers and the impending collapse of the insurance giant American Interna-tional Group (AIG). Panic fanned by a lack of transparency of the balance sheets of ma-jor...