Richmond's attorney, Walter Madison, challenged whether Westlake was trying to right a wrong through his testimony.

CNN: STORY HIGHLIGHTS

On cross-examination, Richmond's attorney, Walter Madison, challenged whether Westlake's was trying to right a wrong through his testimony.

CNN: STORY HIGHLIGHTS

So we find ourselves - as Lord Turner more or less admitted last night - trapped in a nightmare where trying to do the right thing to strengthen banks has the paradoxical and wrong outcome of undermining economic recovery and further debilitating the banks.

BBC: Have regulators deepened the recession?