Congress grills Lehman chief on financial crisis
At the first hearing into the causes of the financial crisis, the House Oversight and Governmental Reform Committee grilled Dick Fuld, the chief executive of Lehman Brothers, about millions in bonuses paid to the firm’s executives even as the company appealed to the federal government for a bailout to save it from bankruptcy. Guest: Todd Zwillich, reporter at Capitol News Connection
Will you support The World with a monthly donation?
Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll help us unlock a matching gift of $67,000!