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Henry Waxman

Latest Headlines

Latest Headlines

Lehman Brothers lawyer: Fuld understated his pay

Bloomberg Business Week offers a profile of a former associate general counsel at Lehman Brothers ( Lehman Brothers news), who has gone public with this view that former CEO Richard Fuld ( Richard Fuld news) fudged the figures when it came to how much money he made at Lehman Brothers.

Did Merrill Lynch mislead Congress?

New York AG Andrew Cuomo's war to expose the recipients of Merrill Lynch's ill-timed bonuses is not abating. The Financial Times reports that Cuomo is now accusing Merrill Lynch of misleading a congressional committee "about the timing of its decision to move up the payment of 2008 bonuses to

What to make of bonuses at top banks

To pay bonuses, or not to pay bonuses? That's a huge question right now, and it has taken on cosmic political ramifications. The House, led by Rep. Henry Waxman, is outraged and demanding information and answers. So banks have some big decisions to make. But this is the month when they set bonuses