often this is called the pecora investigation or the pecora committee. it's the only investigation known for a staff person rather than for the chairman of the committee. it is misidentified sometimes as the pecora commission. it was the banking committee of the senate. that was very important, because the senators were also participating in the questioning and listening to the witnesses. that led to some of the most significant financial legislation that the congress has ever passed. and it really helped to not only to get out of the depression but also to shore up the american economy and the financial system for the next 60 years with major legislation that stayed on the books, including the securities act, the securities and exchange act, public utilities holding act, all this came out of this productive investigation. pecora was a very good investigator. he always got dirt on people he was looking into. he did the homework he needed to. co-spri he could spring it on them. he would start by asking innocuous questions. and then he to would get people

and pecora wrote a memoir.e talked about being in the russell building in 1933, about the thomas frank roosevelt's inauguration -- about the time of franklin roosevelt's inauguration. he talked about seeing mitchell walking by himself to union station. the man was all by himself leaving. he showed up with a retinue of bank officials but he was all by himself or it -- that led to pecora carrying on an extensive and careful investigation into wall street banks and brokerages. he was not a senator. he was the chief counsel. often this is called the pecora investigation. it is the only investigation known for a staff person rather than for the chairman of the committee. it's mis-identified sometimes as the pecora commission. there was no commission. it was a committee, the banking committee of the senate. that was very important because the senators were also anticipating a questioning and listening to witnesses. that led to some of the most significant financial legislation that congress has ever passed. it really

often this is called the pecora investigation or committee. it's the only investigation known for staff person rather than for the chairman of the committee. it's misidentified sometimes as the pecora commission. there was no commission. it was a committee, banking committee of the senate. that was very important because the senators were also participating in the questioning and listening to witnesses. that led to most significant financial legislation that the congress a has ever passed. it really helped to not only get out of the depression but also to sure up the american economy and the financial system for the next 6 0 years. major legislation stayed on the books including the glass bank act, including the securities a act, securities act, public holdings act. all this came out of the productive investigation. he was a good investor and always got the can dirt on people he was looking into. he always did the homework. he would spring it on them. he would start by asking questions and then get people sort of sucked into that and then come