Lehman Brothers former Chairman and CEO Richard Fuld is sworn in before testifying to the Financial Crisis Inquiry Commission about the roots and causes of the 2008 financial and banking meltdown in U.S. and worldwide markets on Capitol Hill September 1, 2010 in Washington, DC.
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Dick Fuld, former Lehman CEO, is stepping down from his job at Legend Securities, amid rumors about “regulators’ continued questioning of how much business he was generating at the firm and Fuld’s inability to obtain brokerage licenses from state regulators,” according to the Post’s sources.
