SIGTARP isn’t happy about the failure of the Treasury to enforce its regulations on home mortgage servicers. Treasury has no response, and just whines. Anonymously.

Bernanke can’t understand why consumers aren’t acting in accordance with his understanding of rationality. Mary Schapiro and Robert Khuzami of the SEC don’t punish people for securities fraud. They all should look to the past for help understanding how to do their jobs.

S.E.C. Chairwoman Mary Schapiro announced improved public participation procedures to open up SEC’s rulemaking proceedings, thus proving that doing the public’s business in public isn’t hard. So what’s the excuse of other Federal agencies (like FCC) and Obama’s extreme closed-door Catfood Commission?

Timothy Geithner doesn’t like Elizabeth Warren, she is mean to him. Who, then, can we get to head up the Consumer Financial Protection Bureau?

Today, starting at 11 pm, the House Financial Services Committee will begin hearings on the collapse of Lehman Brothers and its role in the financial crisis. The hearing will be broadcast live on C-SPAN 3.

Expected to testify: a who’s who of the world of financial regulation. Former chief executive of Lehman Brothers, Dick Fuld, Treasury Secretary Tim Geithner, Securities and Exchange Commission Chair Mary Schapiro, and Federal Reserve Chairman Ben Bernanke are all expected to testify before the committee.

FDL will be monitoring the hearing and will report on and/or begin liveblogging the hearing if something of note happens.

[Ed Note: A liveblog by any other name. . . Scarecrow is doing a great job of keeping up with all the action in the comments below.]