Financial Market Regulation and Practices, Panel 1

Experts in economics, regulation, and corporate governance testified on the causes and effects of the bankruptcy of Lehman… read more

Experts in economics, regulation, and corporate governance testified on the causes and effects of the bankruptcy of Lehman Brothers. Topics included excessive CEO compensation, bad judgment by executives, relaxation of regulation, easy access to credit, excessive leveraging by investment banks, and the assumption that housing values would continue to rise. 

The House Oversight and Government Reform Committee held the first in a series of oversight hearings on the regulatory mistakes and financial excesses that led to the market breakdown on Wall Street, and on the impact of the crisis on financial markets and the U.S. economy. This session focused on the causes and effects of the bankruptcy of Lehman Brothers close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Financial Market Regulation and Practices, Panel 1

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Program ID:
281618-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Oct 6, 2008

Airing Details

  • Oct 06, 2008 | 10:06am EDT | C-SPAN 1
  • Oct 06, 2008 | 10:11pm EDT | C-SPAN 1
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Financial Market Regulation and Practices, Panel 1

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