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Politics : John McCain for President -- Ignore unavailable to you. Want to Upgrade?

To: Nikole Wollerstein who wrote (5836)	11/8/2008 9:50:01 PM
From: Land Shark	Respond to of 6579

Committee to Hold Hearings on Collapse of Lehman Brothers and AIG Chairman Henry A. Waxman announced that the Oversight Committee will hold two days of hearings to examine the regulatory mistakes and financial excesses that led to the bankruptcy filing by Lehman Brothers and the government bailout of AIG. “Lax oversight and reckless investments on Wall Street are causing massive disruption throughout our economy,” said Chairman Waxman. “Our hearings will examine what went wrong and who should be held to account.” The Committee’s scheduled September 25 hearing with Lehman CEO Richard Fuld will be moved to October 6, 2008. It will be followed by a second hearing on October 7, at which former AIG CEOs Robert B. Willumstad, Martin J. Sullivan, and Maurice R. Greenberg will be invited to testify.