That's it. I think we need another good Sicilian kinky-haired, olive-skinned, jut-jawed lawyer from Manhattanin there mixing it up with these Banksters.

Pelosi calls for panel to probe Wall Street

Democratic House Speaker Nancy Pelosi, saying that the American people are demanding "discipline and accountability" following the multibillion-dollar federal bailouts, vowed today to initiate a legislative commission with broad oversight to investigate the causes of Wall Street irregularities and their full costs to taxpayers.

Pelosi, speaking to the Commonwealth Club of California, said she wants the panel to be modeled after the Pecora Commission, a bipartisan investigative body established by the U.S. Senate in 1932 to examine the causes and abuses of the Wall Street crash of 1929 and to prevent a repeat.

"They investigated what happened in the markets," including conflicts of interests and irregularities that set off such devastating effects on the U.S. economy, she said. When the commission issued its findings during the administration of Franklin Delano Roosevelt, "they had tangible recommendations," she said, which helped generate widespread public support for major banking system reforms and new securities laws.

You can watch the video segment Bill Moyers featured on PBS. He had a discussion about the Pecora Commission here. (h/t Heather)