The FSI website will have, from 8am, the interim report of the Financial System Inquiry. Banking Day's consolidated content will help you understand the issues.David Murray's panel of nine was never an entirely satisfactory mix. Not only is the chap that cast aside public ownership of a wonderful public enterprise in CBA now in charge of setting the scene for finance for a generation, he is aided by associates far too well versed in the dark arts of financial manipulation.While the two old owls of the panel may have modest assets, the bulk are clearly wealthy or have had the chance to be so.The other eight have their virtues - leaders in the marshalling of financial assets for a private purpose which, by channelling investment, often aids the public good.Four of the nine are not clearly listed on the FSI website, a curious detail. The missing four are the advisory panel - a connected and wealthy group. Hedge fund champ Michael Hintze, Westpac and now JC Flowers bigwig David Morgan and JP Morgan wall streeter Jennifer Nason joined the second philosopher of the group, ex Hong Kong regulator Andrew Sheng.Sheng is the only real foreign national in the ten. The rest are mostly expat mavens of finance.Brian McNamee, Carolyn Hewson, Craig Dunn and Kevin Davis round out the panel.McNamee was CEO of one of the first Commonwealth government businesses to hit the ASX in the 1990s, one that reached globally and kept doing well.Davis is the only really independent view.One of the tests of the report will be to see how its authors detach themselves from industry interests and explore the public interest.Amid this there must be tensions over the intrusiveness of regulation, one topic bound to have divided the panel if the record of Murray and Davis are any guide.Will Murray have found a mechanism for traducing Australia's financial standing by running down a global consensus and then getting away with it? That's what some want to know.