Financial Crisis Commission's 'Show Must Not Go On': NYT Op-Ed

The commission must uncover what bankers, investors, government officials and other people in positions of power, past and present, would prefer not to say -- or perhaps do not know or understand -- about the crash and the bailouts. The primary aim is not to air issues and foster debate, but to test views, resolve contradictions and arrive at evidence-based conclusions.

Yet the commission -- which is supposed to file a final report by Dec. 15 -- has not issued a single subpoena for documents. Instead, investigators have apparently been relying on voluntary cooperation, public records and information-sharing agreements that have been negotiated with federal agencies. A thorough investigation requires source documents that reveal what people were thinking and doing at the time of the events and that illuminate, buttress or contradict testimony.

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