News release includes links to letters requesting testimony from officials in government and private sector: “In light of the dramatic events that have occurred in global financial markets, the Oversight Committee will hold five hearings in October to examine the regulatory mistakes and financial excesses that led to the market breakdowns on Wall Street. In announcing the hearings, Chairman Waxman stated: This financial crisis has shaken the global economy. Congress cannot wait until a new administration arrives in January to examine what went wrong and who should be held accountable. In addition to the previously announced hearings on the bankruptcy of Lehman Brothers (October 6) and the $85 billion bailout of AIG (October 7), the Committee will hold the following hearings in October…”
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