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Last Modified: 07 Oct 2008
By: Channel 4 News

Richard Fuld, chairman and chief executive of Lehman Bros Holdings, takes his seat to testify at a house oversight and government reform committee hearing on the Lehman Bros bankruptcy in Washington.

Fuld told Congress on Monday that US banking regulators knew exactly how Lehman was pricing its distressed assets and about its liquidity in the months before its collapse.

Click the image below for the full-screen picture of the day.