Monday, October 06, 2008
Corporate Accountability
Corporate Accountability
Committee Holds Hearing on Causes and Effects of the Lehman Brothers Bankruptcy
The Committee held a hearing to examine the regulatory mistakes and financial excesses that led to the bankruptcy filing by Lehman Brothers. The hearing was held at 10:00 a.m. on October 6, 2008, in Rayburn House Office Building room 2154. A preliminary transcript of this hearing is now available.
The following witnesses have testified:
- Dr. Luigi Zingales, Professor of Finance, University of Chicago
- Dr. Robert F. Wescott, President, Keybridge Research LLC
- Nell Minow, Chairman of the Board and Editor, The Corporate Library
- Gregory W. Smith, General Counsel, Colorado Public Employees’ Retirement Association
- Peter J. Wallison, Arthur F. Burns Fellow in Financial Policy Studies, American Enterprise Institute
- Richard S. Fuld, Jr., Chairman and Chief Executive Officer, Lehman Brothers Holdings
Documents and Links
Chairman Waxman's Opening Statement (164 KB)- Oral Testimony of Luigi Zingales (38 KB)
- Written Testimony of Liugi Zingales (131 KB)
- Testimony of Robert F. Wescott (163 KB)
- Testimony of Nell Minow (34 KB)
- Testimony of Gregory Smith (700 KB)
- Testimony of Peter Wallison (94 KB)
- Testimony of Richard Fuld (39 KB)
- Internal Lehman Brothers Internal Presentation (3 MB)
- Lehman Brothers Email Regarding Suspending Executive Compensation (710 KB)
- Lehman Brothers Email Regarding Punishing Short Seller (263 KB)
- Materials for Lehman Brothers Compensation Meeting (4 MB)
- Email from Richard Fuld Regarding Meeting with Treasury (182 KB)
- Lehman Brothers Email Regarding Calls with Regulators (27 KB)
- Lehman Brothers Email Regarding Lack of Accountability (497 KB)
- Lehman Brothers Presentation (1 MB)
- Preliminary Hearing Transcript (16 MB)
