Although in this case, it’s the Senators as walking shadows, poor players that strut and fret their hour upon the stage and then (if we’re lucky) are heard no more. Megan McArdle isn’t impressed:
The statements from the Senators make it clear that they are not holding this hearing in order to find out what happened; that’s the SEC’s job. They’re holding this hearing in order to be televised yelling at investment bankers. Claire McCaskill’s rant was particularly irrelevant to the actual question at hand, but all of them are mostly trying to express outrage, not make any coherent assessment of the strengths of the SEC’s case.
