Thursday, January 14, 2010

Voices That Dominate Wall Street Take a Meeker Tone on Capitol Hill

WASHINGTON — Summoned to Capitol Hill to explain their companies’ roles in the worst economic downturn since the Depression, leaders of four big Wall Street banks offered a largely clinical take on the financial crisis on Wednesday, pointing to lapses in risk management and government regulation but offering little sense of the turmoil’s human toll.

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