Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Monday, April 19, 2010

House Financial Services Committee Announces Hearing on Lehman Bankruptcy Report

Sometimes I wonder how Geithner, Bernanke and Schapiro can ever get any work accomplished, since they spend so much of their time testifying before Congressional committees and panels.  Tomorrow the House Financial Services Committee will hold a hearing on “Public Policy Issues Raised by the Report of the Lehman Bankruptcy Examiner.” Additional witnesses are the banruptcy examiner himself, Anton R. Valukas, and two former Lehman people, Richard S. Fuld, Jr., former Chairman and Chief Executive Officer, and Thomas Cruikshank, former member of the Board of Directors and chair of Lehman Brothers’ Audit Committee.

Here is Bernanke's written testimony, Lessons from the failure of Lehman Brothers Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. April 20, 2010

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