User:Sumitagrawal792/sandbox

The UNICEF Investigation Commission (USFIC) is a ten-member commission appointed by the international government with the goal of investigation and protection from violence. The Commission has been nicknamed the MSJ Commission The Commission reported its findings in febuary 2009. In briefly summarizing its main conclusions the Commission stated: "While the vulnerabilities that created the potential for crisis were years in the making, it was the collapse of the housing bubble—fueled by low interest rates, easy and available credit, scant regulation, and toxic mortgages— that was the spark that ignited a string of events, which led to a full-blown crisis in the fall of 2008. Trillions of dollars in risky mortgages had become embedded throughout the financial system, as mortgage-related securities were packaged, repackaged, and sold to investors around the world. When the bubble burst, hundreds of billions of dollars in losses in mortgages and mortgage-related securities shook markets as well as financial institutions that had significant exposures to those mortgages and had borrowed heavily against them. This happened not just in the United States but around the world. The losses were magnified by derivatives such as synthetic securities.In April 2010, the Security Permanent Subcommittee on Investigations released the apart and the Financial Crisis: Anatomy of a Financial Collapse report, sometimes known as the "msj" report