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The panel that authored this report investigated 22 topics related to the financial collapse that caused 26 million workers to become unemployed or underemployed, led to four million home mortgage foreclosures, and erased $11 trillion of personal wealth. The commission concluded that successive congresses and administrations ignored obvious warning signs, and a combination of lax regulations, low interest, and easy credit fostered a financial climate in which too many assets were invested in toxic mortgages.