The Financial Crisis Inquiry Commission: Felix Salmon Has a Vain Hope

Felix Salmon:

How the FCIC can help the regulation debate: Yesterday, Barbara Kiviat asked why we’re even bothering with the Financial Crisis Inquiry Commission.... Her answer is a good one: reform isn’t over yet, and there will be further bills... the FCIC’s report can and should inform all of that.

But another answer to Barbara’s question is given by John Taylor today, who has decided to publish a highly contentious and unhelpful criticism of the Dodd-Frank bill in the WSJ...