The next meeting of the Financial Crisis Inquiry Commission is set for June 30th - Julyl 1st. The meeting is titled "The Role of Derivatives in the Financial Crisis."

Witnesses giving testimony include representatives from American International Group (AIG), Goldman Sachs, the U.S. Commodity Futures Trading Commission, the Office of Thrift Supervision, and the New York State Insurance Department.

These manipulation of so-called 'complex financial instruments' certainly played a role in bringing about the worst financial crisis since the Great Depression. We welcome the hearings.