Assembly Democrats Commentary on Financial Institutions Panel Economic Crisis Hearing

In this video press release, Democratic members of the Assembly Financial Institutions and Insurance Committee discuss the panel's Monday hearing on the ongoing global economic crisis and the condition of New Jersey's financial institutions.

The committee heard testimony from five financial and economic experts:

Rae Rosen, senior economist and assistant vice president, Federal Reserve Bank of New York;

Steven M. Goldman, commissioner, New Jersey Department of Banking and Insurance;

Caren S. Franzini, chief executive officer, New Jersey Economic Development Authority;

John E. McWeeney, Jr., president and chief executive officer, New Jersey Bankers Association; and

Anthony R. Calascibetta, practice leader, WISS & Co., Economic Advisory Team.

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