Kevin Lamarque/Reuters

Former Lehman Chief Executive Richard Fuld testifies at a hearing held by the House Committee on Oversight and Government Reform on Capitol Hill in Washington on October 6, 2008. No one expects a fallen Master of the Universe to say sorry. But academics say an apology -- for all the litigation risk it entails -- can be the basis of revitalised confidence and trust.

This man did not look happy to be testifying. In fact I can just about see the steam coming out of his ears in this picture.

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