With what we anticipate will be increasing frequency, hedge fund managers are finding themselves summoned to that most public of forums – the witness table at Congressional hearings – the most salient example being the recent hearings conducted by the House Committee on Oversight and Government Reform at which five prominent hedge fund managers testified under oath. (Those hearings were covered in detail in the November 25, 2008 issue of the Hedge Fund Law Report.) In this environment, the question is no longer how to stay off the stage, but what to do and say when you’re on it – and, even more important, how to prepare for it. We detail specific strategies that hedge fund managers can use to prepare for Congressional testimony.