Former Treasury Secretary Henry Paulson and former New York Fed chairman Stephen Friedman were also invited to testify.

FORBES: Fed to GAO: Go Ahead, Investigate

Robert Rubin and Stephen Friedman ran the shop in the early 1990s.

FORBES: Fear, Greed And Technology

"Will Ferrell epitomises what it means to be a comedic genius and it's only fitting that he should be the inaugural recipient of this award, " MTV's president Stephen Friedman said.

BBC: Will Ferrell to receive MTV film honour

Goldman Sachs has been unusual in having several times flourished under a top management double-act notably John Whitehead and John Weinberg, and later Stephen Friedman and Robert Rubin, who now heads the Treasury.

ECONOMIST: Goldman Sachs

Paulson and former New York Fed Chairman (and current Goldman Sachs board member) Stephen Friedman will join Treasury Secretary and former New York Fed president Timothy Geithner and others, though the three will appear separately.

FORBES: Paulson to Testify at AIG Hearing on Wednesday