Bloomberg says the FCIC is holding a hearing, but the web site is slow in arriving.
http://www.fcic.gov/Likely, the pace of real work done is slow.
“We aren’t just bringing people in to give their story and leave,” said commission Vice President Bill Thomas, interviewed by phone.
Which is probably exactly what will happen, since the FCIC has an assignment, but no authority. It might provide some sound bites or fodder for snipe-blogging, but investors might be better served using it as a contrary indicator and looking at something else entirely. That is, as a story, the financial crisis is done.
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