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ASSOCIATED PRESS
Former Lehman Brothers executive Richard Fuld Jr. (right) told the Financial Crisis Inquiry Commission that Lehman was repeatedly denied measures that could have saved the firm. Thomas Baxter (left), general counsel of the Federal Reserve Bank of New York, said regulators lacked authority to provide the aid.

ASSOCIATED PRESS Former Lehman Brothers executive Richard Fuld Jr. (right) told the Financial Crisis Inquiry Commission that Lehman was repeatedly denied measures that could have saved the firm. Thomas Baxter (left), general counsel of the Federal Reserve Bank of New York, said regulators lacked authority to provide the aid.

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