Bernanke defends handling of Lehman
WASHINGTON — Federal Reserve Chairman Ben Bernanke on Thursday strongly rejected as "myth” suggestions that he could have saved investment bank Lehman Brothers and prevented the near-collapse of the global financial system.
Former Lehman CEO Richard Fuld suggested Wednesday that the Fed could have given him a lifeline in September 2008 and spared the world the subsequent chaos. That view is wro...
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