Congress grills Lehman chief on financial crisis

The World

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

Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.