The former chief executives and chairmen of RBS and HBOS are being called to account by the Commons Treasury Select Committee.
Sir Fred Goodwin and Sir Tom McKillop, respectively the former chief executive and chairman of RBS, are joined by Andy Hornby and Lord Stevenson of Coddenham, the former chief executive and chairman of HBOS.
One thing's for sure – they can expect a right old bun fight and public flagellation.
The meeting has just started and you can follow it live here at the Times Online.
Tomorrow it's the turn of the Americans!