The Committee on Oversight and Government Reform held a hearing titled, 'Hedge Funds and the Financial Market' on Thursday November 13, 2008, chaired by Henry Waxman.

The hearing examined systemic risks to the financial markets posed by hedge funds and proposals for regulatory and tax reforms.

Please click on the respective names to view the testimonies, they may take a moment to download:

Opening Statement

- Chairman Henry Waxman (102 KB)

Panel 1

- Professor David Ruder, Northwestern University School of Law, Former Chairman, US Securities and Exchange Commission (63 KB)

- Professor Andrew Lo, Director, MIT Laboratory for Financial Engineering, Massachusetts Institute of Technology, Sloan School of Management (462 KB)

- Professor Joseph Bankman, Stanford University Law School (41 KB)

- Houman Shadab, Senior Research Fellow, Mercatus Center, George Mason University (114 KB)

Panel 2

- John Paulson, President, Paulson & Co (644 KB)

- George Soros, Chairman, Soros Fund Management (437 KB)

- James Simons, President, Renaissance Technologies (2 MB)

- Philip Falcone, Senior Managing Partner, Harbinger Capital Partners (2 MB)

- Kenneth Griffin, Chief Executive Officer and President, Citadel Investment Group (72 KB)