10/8/2008

The public image of the CEO plunged this week with the testimony the U.S. House drubbed out of Wall Street execs, particularly those from the insurer AIG. Just last week, after an $85 billion federal bailout, the company rewarded 70 of its own with a $440,000 spa trip. Meanwhile, The Wall Street Journal wonders if Lehman Brothers CEO Dick Fuld was too obsessed with short sellers and paranoid about Goldman Sachs to run his company. Here's a three-minute recap of his testimony.

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