On the recordOctober 5, 2008
Do you regret spending $10 billion in Lehman's cash reserves on bonuses, stock dividends and stock buy-backs, as your firm faced liquidity crisis?
Source
transcripts.cnn.comElijah Cummings: “Do you regret spending $10 billion in Lehman's cash reserves on bonuses, stock dividends and stock buy-backs, as your…”
Editor's note · Context
Cummings interrogates the former CEO of Lehman Brothers about financial decisions during a crisis.
Share
More from Elijah Cummings
Sep 18, 2019
I am extremely proud that our committee is holding the first hearing on D.C. Statehood in the House of Representatives in more than 25 years.
Sep 10, 2019
I really do think that we are in a moral situation. People are striving to live, trying to breathe the air of our country, trying to be better, trying to be healthy.
Oct 16, 2019
And I don't give a damn how you look at it; there are efforts to stop people from voting. That is not right. This is not Russia. This is the United States of America.
Oct 16, 2019
It is only recently in the last 50 years or so that many of these laws have changed.
Other voices in this conversation
