Today's hearing aims "to understand why so much money is given to these executives even when they're failing,'' Henry Waxman, a California Democrat and chairman of the oversight committee, said in an interview Thursday. "What's the business justification for having no connection between pay and performance?" The increase in congressional scrutiny follows more than $180 billion of asset writedowns and credit losses reported by the world's largest banks and securities firms since the beginning of 2007. Full Article at Asbury Park Press