Wednesday, September 17, 2008

Waxman holds hearing on collapse of Lehman Brothers


The Committee will hold a hearing on September 25, 2008, at 10:00 a.m. to examine the regulatory mistakes and financial excesses that led to the bankruptcy filing by Lehman Brothers. The Committee will also explore the impacts of the bankruptcy on financial markets and the United States economy. Richard Fuld, CEO of Lehman Brothers, has been invited to testify at the hearing.

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