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COMMENTS: Were Gains Ill Gotten?
NBC's Lisa Myers and CBS' Bob Orr both turned to Capitol Hill where the financial crisis was the topic of House hearings. Millionaire Richard Fuld, onetime chief executive of the now-bankrupt Lehman Brothers brokerage house, was the "target of frustration," as Orr put it. Myers listed the homes Fuld has bought with his $340m in income over 14 years as Lehman's boss: a $21m apartment building in New York City, an $8m estate in Connecticut, a $13m property in Florida. She reported that the FBI is now investigating whether Lehman executives illegally misled the public, given that just five days after the firm issued the public statement that "our capital position at the moment is strong" they went broke.
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