Bernanke Changes Story on Lehman Collapse

Could the federal government have saved Lehman Brothers and prevented the biggest financial blowup since the Great Depression? During a week when many policymakers and financiers are still relaxing on the beach, the Financial Crisis Inquiry Commission is delving into this fascinating question, and you can watch some of the action here.

Yesterday, Dick Fuld, the former head of Lehman, claimed the Fed could indeed have prevented Lehman's demise during the weekend of September 11 and 12, 2008...