This is a good sign. According to a report on a law firm website the Financial Crisis Inquiry Commission has started issuing subpoenas. No word yet on whether they will subpoena former Bush regulators like SEC Chairman Christopher Cox.

The Financial Crisis Inquiry Commission (FCIC or Commission), which was created by Congress in 2009 to investigate the causes of the domestic and global economic crisis, has begun issuing far-reaching document subpoenas to financial institutions. Requests for testimony from individual current and former officers of those institutions likely will follow.

Let's hope that the FCIC is finally going to play hardball with those whose actions contributed to the worst financial crisis since the Great Depression.