The Financial Crisis Inquiry Commission, a commission appointed by Congress to investigate the causes of the financial crisis, will hold hearings this week starting Wednesday, with four witnesses who are CEOs of the largest Wall Street banks. Some of the ten commissioners are trawling for suggestions of questions that they should ask the witnesses.
More information will be posted by Tuesday, the 12th, on the Commission's web site, www.fcic.gov.
One view of the objectives of the hearings -- with which I sympathize -- is presented today by columnist Frank Rich in The New York Times. Let us hope the hearings will have as dramatic an impact as the Senate-sponsored hearings led by Ferdinand Pecora in the 1930s to investigate the causes of the Crash of 1929.
Commission, a commission appointed
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