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Geithner Should Testify in JPMorgan Suit, Lehman Says

U.S. Treasury Secretary Timothy Geithner should to be ordered to give a deposition in Lehman Brothers Holdings Inc.’s lawsuit against JPMorgan Chase & Co., which alleged the bank siphoned $8.6 billion out of Lehman in the 2008 credit crisis, helping to cause its collapse, the defunct firm and its creditors said.

Lehman has a March 16 deadline for completing its fact finding in the case, after interviewing more than 200 witnesses, creditors said in a filing in U.S. District Court in Washington. Lehman is asking a federal judge to order Geithner to be interviewed by lawyers for the firm and its creditors. The Treasury Department “has for many months delayed and ultimately refused to allow the testimony of Secretary Timothy F. Geithner,” which is key to the case, they said.