Angelides commission staffs up for investigation of 2008 financial meltdown

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The Angelides commission, convened by Congress to investigate the financial meltdown of 2008, today announced a passel of “senior staff” appointments. Earlier, the commission appointed an executive director, Thomas Greene. It has held one public meeting, on Sept. 17. Yet to come: a calendar of public hearings, which are expected to start in December. The panel is supposed to report on its findings by mid-December 2010.

Here’s the announcement of its appointees:

· Bart Dzivi has been appointed as special counsel. Dzivi has served as counsel for the Federal Home Loan Bank, where he handled enforcement matters and supervised investigative auditors during the savings-and-loan crisis; was counsel to the U.S. Senate Banking Committee, where he organized investigative hearings on savings-and-loan issues; and served in the private sector at several law firms with an emphasis on banking litigation and policy matters.


· Martin Biegelman has been named an assistant director for the commission. He was most recently director of financial integrity for Microsoft Corp., where he led a global investigative program focused on fraud and corruption. Biegelman took a leave of absence from Microsoft to join the commission. He previously conducted internal corporate investigations in the private sector and was a federal law enforcement professional for the U.S. Postal Inspection Service, highly regarded by state and federal prosecutors for his work on white-collar crimes.

· Thomas L. Krebs has been appointed as an assistant director and deputy general counsel. Krebs is the former director of the Alabama Securities Commission, an agency he reinvigorated with major wins in the Alabama Supreme Court. He is a former president of the North American Securities Administrators Assn. and founder of a six-state task force that prosecuted financial crimes. He is nationally recognized for his ability to investigate and prosecute financial corruption.

· Bradley J. Bondi has been appointed as an assistant director and deputy general counsel. He was previously a partner with the law firm of Kirkland & Ellis, where he investigated and litigated complex financial and securities cases. He briefly served as counsel at the Securities and Exchange Commission, where he advised commissioners on improving agency enforcement. He also teaches securities law at Georgetown University Law Center and George Mason Law School.

· Dixie Noonan has been named investigative counsel. At the law firms of both Sullivan & Cromwell and O’Melveny & Myers, she worked on complex securities cases and conducted internal investigations for corporate boards and audit committees.

-- Michael Hiltzik

Photo: Brendan Hoffman / Bloomberg