Let's hope they're brutally honest hearings, too. There's massive corruption involved here, as well as unbelievable incompetence, and (in the case of the looters) a fair bit of a society reaping what it has sown.
Sadly, I don't think our political leaders are capable of the sort of serious and concentrated thought that will allow them to learn the proper lessons from this.
I agree - that's why we, as citizens, need to learn the proper lessons...