Securities Law Prof Blog

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Univ. of Toledo College of Law

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Wednesday, September 1, 2010

Fuld Testifies that Lehman Could Have Been Saved

Richard Fuld, former CEO of the former Lehman Brothers, testified today before the Financial Crisis Inquiry Commission.  The New York Times article describes him as "defiant" as he asserted that the company could have been saved if the Federal Reserve had given it the support it gave Lehman's competitors and other firms.  NY Times, Fuld Says Lehman Was Denied the Help Its Rivals Received

http://lawprofessors.typepad.com/securities/2010/09/fuld-testifies-that-lehman-could-have-been-saved.html

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