Former Lehman CEO Dick Fuld Calls for New Political Leadership

Richard Fuld, former chief executive officer of Lehman Brothers Holdings Inc., testifies at a hearing of the Financial Crisis Inquiry Commission (FCIC) in Washington, D.C., U.S., on Wednesday, Sept. 1, 2010.

Photographer: Brendan Smialowski/Bloomberg

Richard Fuld, who ran Lehman Brothers Holdings Inc. until its 2008 collapse, told a gathering of penny-stock investors that the U.S. needs new leaders in government.

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