Richard Fuld, former chief executive officer of Lehman Brothers Holdings Inc., said regulators relied on “flawed information” in denying his company aid that was extended to competitors. “Other firms were hurt by their plummeting stock prices,” Fuld, 64, told the Financial Crisis Inquiry Commission at a hearing in Washington today. “Lehman was the only firm that was mandated by government regulators to file for bankruptcy.”
Fuld says U.S. used ‘flawed information’ to deny aid
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