The lords of Wall Street, all lined up on Capitol Hill this week for a dressing down.
Goldman Sachs. Morgan Stanley. JPMorgan Chase. Bank of America. CEOs all in a row. Peppered with questions by the Financial Crisis Inquiry Commission.
They’re cutting bonus checks this week. Big ones. But the questions over meltdown and bailout, what went wrong and how to fix it, are still hanging. And today, it’s the Attorney General testifying.
This hour, On Point: Wall Street in the hot seat in Washington.
Joining us from New York is David Weidner, columnist for MarketWatch and The Wall Street Journal.
Also from New York we’re joined by Christine Harper, chief financial correspondent for Bloomberg News.