Irresponsible decisions, along with civil service failures, led to the collapse of the West Coast Main Line franchise deal,that's according to a report out today by the Transport Committee.
Last year Virgin Trains lost the contract to FirstGroup, but the deal was scrapped after ministers admitted there were flaws in the bidding process.
Today's report calls on the government to explain why it happened and what lessons can be learned.
The true cost of the fiasco over the West Coast Main Line franchise is only just beginning to become clear.
A critical report by MPS has condemned the £50 million cost to the taxpayer caused by the West Coast Mainline fiasco.
Transport Secretary and Derbyshire Dales MP Patrick McLoughlin has told MPs today that mistakes over West Coast should not have been made.