. >> did dick fuld know? >> did dick fuld know? in front of congress. >> i have absolutely no recollection whatsoever of hearing anything about or seeing documents related to repo 105 transactions while i was the ceo of lehman. >> he said the same thing to me face-to-face. >> do you believe him? >> there was evidence which would show that that's not accurate. the president of lehman brothers told us that in fact he had conversations with dick fuld about this and documents were shared with him which would reflect the repo 105 transactions and how they were being used. richard fuld's view on that was that he has no knowledge of it. you have other evidence that he did. a jury would have to decide who's telling the truth. >> but so far, there's been no jury to hear the evidence. despite valukas' findings-- and the supporting documents and testimony to back them up-- the securities and exchange commission has not brought any charges of any kind against former lehman executives. we've made numerous requests to interview the s.e.c.'s head

and george bush's memoir dick cheney's donald rums fuld condoleezza rice's, they do not deal in reality. their basic approach on intelligence is the excellence was wrong. who knew? but, in fact, they knew. they knew that they were distorting the intelligence. george tenet, who probably distorted things more than anybody in '02 wrote the best memoir. he wrote a memoir that i think historians will look to for the truth of what happened and he said that the white paper, for example, was a major error and had been far too aer is tiff about -- assertive about weapons of mass destruction. and colin powell also has come clean and said it was a blot on his record. you'll recall his february 5th, '03, presentation to the united nations which was powerful, masterful and, of course, wrong. and he admits that now, and he says it's, you know, the biggest mistake he ever made. i've always thought and still think that he was the best of all of the folks that served president bush a truly remarkable american. so the question -- what are the lessons of all of this? how do we prevent this from happening