Jan
23
2010
The Fall of Lehman Brothers P1
Posted by admin in Uncategorized, tags: American Investment, Assets, Bankruptcy, Barclays, Brothers, Credit Rating Agencies, Devaluation, Drastic Losses, Fall, History Day, Investment Banking, Judge James, Lehman, Lehman Brothers, Massive Exodus, Regulatory Approval, Stock, York Headquarters
massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in US history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck …
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where is part 3 dude?
I agree, I’m convinced there wre other motives for allowing lehman to collapse especially giving the shocking money thrown at other institutions following the collapse.
The “inside story”, as told by BBC and Gordon Brown, ok. More like the “outsiders story” because we dont get to hear what really happened when these crooks tell the story.
Still I’ll listen, but careful not to base everything off of it.