Henry Waxman, a Democratic congressman representing a Californian district, grilled the CEO of Lehman Brothers last Monday, during a session of the congressional committee on oversight and government reform – chaired by Waxman himself.
It was as if Waxman had rounded up all the angry thoughts of the little guys caught out by the credit crunch and channelled them directly at Richard Fuld. "Your company is bankrupt and our economy is in a state of crisis. Yet you get to keep $480m. I have a very basic question: Is that fair?"
This was just the start […]
Will they call him "populistic"?