Hedge Fund Managers to Apper Before Congress

After last month grilling Lehman CEO Richard Fuld, the same Congressional leaders has called upon several high-profile hedge fund managers to give testimony to discuss the failures of US financial institutions and the possible role of hedge funds.

Philip Falcone, Kenneth Griffin, John Paulson, James Simons and George Soros on Thursday are expected go before the House Committee on Oversight and Government Reform. They will have several minutes each to make opening remarks, then will field questions from lawmakers, according to a committee spokeswoman.

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