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The Permanent Subcommittee on Investigations has scheduled a one day hearing
entitled Oversight of Investment Banks' Response to the Lessons of Enron. The
Subcommittee hearing is set for Wednesday, December 11, 2002, at 9:30 a.m., in
Room 342 of the Dirksen Senate Office Building.
The hearing is a continuation of Subcommittee hearings on the collapse of Enron
Corp., focusing on the role of major financial institutions and how they
contributed to Enron's use of complex transactions to make the company look
better financially than it was. Witnesses will include representatives from
major financial institutions, as well as bank and securities regulators. A
final witness list will be available no later than December 6, 2002. |
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