The Crisis Commission's Missing Witness

摘要

The public debut of the Financial Crisis Inquiry Commission on Jan. 13 featured Wall Street bosses striking alternately defensive and humble poses while pundits recalled the glory days of New Deal investigator Ferdinand Pecora. The contrition seemed mostly shallow, especially compared with the bankers' obvious impatience over the occasional sharp question. More important, it seems likely that the hopeful historical references to Pecora will ultimately prove disappointing.