More encouraging news from the FCIC:

Today, Chairman Phil Angelides and Vice Chairman Bill Thomas announce that the Financial Crisis Inquiry Commission has issued a subpoena to Goldman Sachs & Co. for failing to comply with a request for documents and interviews in a timely manner.

In seeking documents and testimony from public agencies and companies, the Commission has made it clear that it is committed to using its subpoena power if there is a lack of, or delay in, compliance. Failure to comply with a Commission request is viewed with the utmost seriousness, as the Commission will not be deterred from getting desired information.

In creating the Financial Crisis Inquiry Commission under the Fraud Enforcement and Recovery Act of 2009, Congress granted the Commission the power to “require, by subpoena or otherwise, the attendance and testimony of witnesses and the production of books, records, correspondence, memoranda, papers, and documents.”

The Huffington Post has more on the subpoena:

Goldman Sachs refuses to comply with federal investigators probing the roots of the financial crisis, a government panel said Monday.

The Financial Crisis Inquiry Commission slapped Goldman with a subpoena compelling the most profitable firm on Wall Street and the nation's fifth-largest bank by assets to turn over documents and produce employees for interviews.

Thus far, most of the firms at the heart of the worst financial crisis since the Great Depression have voluntarily turned over documents and allowed crisis investigators to interview their employees.

This is at least the panel's third subpoena pushing financial industry exes to comply with its request. The FCIC's first such subpoena was issued to Moody's Corporation in April for the firm's delay in producing documents and allowing investigators to interview Moody's Investors Service personnel. Its second subpoena was issued last month to famed investor Warren Buffett, compelling his June 2 testimony before the FCIC. Both parties complied.

In a statement, the FCIC said it issued its subpoena to Goldman for "failing to comply with a request for documents and interviews in a timely manner."

More, please, FCIC.