Paulson, Geithner set to testify before panel examining financial crisis

Henry Paulson and Timothy Geithner are on tap to testify next week on the system of bank-like institutions and markets that operated outside the U.S. regulatory structure.

The former Treasury head and current secretary will appear May 6 before the Fiscal Crisis Inquiry Commission on Capitol Hill.

The commission is holding two days of hearings -- May 5 & 6 -- on the "Shadow Banking System" and will include testimony from Christopher Cox and William Donaldson, former heads of the Securities and Exchange Commission, along with former executives of Bear Stearns. 

Witnesses from Bear Stearns include Paul Friedman, former chief operating officer of fixed income; Samuel Molinaro Jr., former president and co-chief operating officer; Warren Spector, former president and co-chief operating officer; James Cayne, former chairman and CEO; Alan Schwartz, former CEO. 

H. David Kotz, inspector general, SEC and Erik Sirri, former director Division of Trading and Markets, SEC, also will appear. 

In addition, Michael Neal, vice chairman, GE and chairman and CEO, GE Capital; Mark Barber, vice president and assistant treasurer, GE Capital; Paul McCulley, managing director, PIMCO; and Steven Meier, chief investment officer, State Street. 

For more information on the commission's work, click here.