Anyone catch the 60 minutes piece on Lehman?

Fuld and guys like Jimmy Kane at BS didn't think the rules applied to them.

I really don't know why these guys aren't in jail. They ruined the lives of tens of thousands of employees and even a greater number of investors who lost their investments.
 
Quote from lwlee:

You can point fingers at all the culpable suspects who should have been prosecuted but in hindsight, even the Bernanke has said, they should have save Lehman. Letting Lehman fall made things worse.
More...
================
I see your points.
But disagreee , with LEH leadership blame/gaming ing the short sellers;
payday someday on LEH:D Good to make an example of a badly run bank- thats not my opinion thats the opinion of the marketplace[stock price] on LEH, BSO, C...

Besides, they needed to let some fail;
we saw enough abuse of the taxpayers money with Citigroup buying a jet............................................
 
You must log in or register to reply here.
Back
Top