Waxman Witch Trials

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So these Congressional hearings that Rep. Henry Waxman (D-CA) has been holding have been largely pointless and resulted in the individuals in the hot seat coming off better than those grilling them, since our elected officials insist on both a. going circus freak crazy and b. asking questions like "are you telling me Dick Fuld wasn't the CEO of Countrywide? IS THAT WHAT YOU'RE TELLING ME?" But is it possible that today's witch trial, the topic of which is the ratings agencies, whose narrative Waxy describes as "a story of colossal failure," will actually result in something meaningful, like the heads of Moody's and S&P sodomizing themselves, in an homage to their work, of late? Probably not but our fingers are crossed. It might be too late, but if Wax and Co. would review this interrogation and act accordingly, we think it'd help things along:

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