Executives at the Reserve Fund, who are facing a trial on civilcharges that they misled investors in the run-up to the ReservePrimary Fund's breaking the buck in September 2008, want tointroduce evidence at the trail about the government's decision notto bail out Lehman Brothers, the Wall Street Journalreports.
Lawyers for Bruce Bent and his son say jurors need to understandthe financial crisis that was occurring at the the fund ran intotrouble. They want jurors to hear about the failure to rescueLehman Brothers and criticisms of the Securities and ExchangeCommission, and have proposed a list of relevant documents.
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