House To Examine Lehman's Regulators

By Jessica Dye

Law360, New York (March 17, 2010, 3:59 PM ET) -- The House Financial Services Committee will hold a hearing to examine questions raised about the federal regulatory oversight of bankrupt Lehman Brothers Holdings Inc. in the months leading up to its collapse, according to committee members.

In addition to eye-opening revelations about Lehman's prebankruptcy accounting tactics, Financial Services ranking member Spencer Bachus, R-Ala., said a report from Lehman's court-appointed bankruptcy examiner, Anton R. Valukas of Jenner & Block LLP, highlights “significant failings on the part of the New York Federal Reserve and the U.S. Securities and...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles