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Waxman Opens Hearing into Lehman Collapse

Having passed the $700 billion bailout bill last week, most members of Congress are now back in their Districts campaigning. But not members of the House Oversight and Government Reform Committee. They stuck around to hold a hearing this morning on the collapse of Lehman Brothers.

Lehman Brothers, you probably recall, filed for bankruptcy three weeks ago, helping usher Wall Street into perhaps its worst crisis ever. Opening statements are underway in the hearing. The star witness: Lehman CEO Richard Fuld.

You can watch the hearing here. We'll be watching, too, and provide updates on the blog.

-- Michael S. Rosenwald

By Michael S. Rosenwald  |  October 6, 2008; 10:15 AM ET
Categories:  The Ticker  
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