BUSINESS
03/18/2010 05:12 am ET | Updated May 25, 2011

Michael Hirsh: Financial Crisis Commission 'Was A Failure'

One sure measure of a successful Washington hearing is the presence of tension, lots of it. Key witnesses are put on the spot. Truths are revealed under close questioning. Embarrassing discrepancies are exposed. Think of the Watergate hearings. Or Iran-contra. Judged by that standard, the inaugural session of the Financial Crisis Inquiry Commission on Wednesday was a failure.

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