Donnerstag, 9. Oktober 2008

Remember 1929 – what seemed to be the end was only the beginning



Dick Fuld, former Lehman Brothers’ chief executive Photo: APThe dismemberment of Dick Fuld, Lehman Brothers’ former chief executive, before a Congressional committee on Monday was a compelling, albeit brutal, event.His televised humiliation was orchestrated by a veteran Democrat, Henry Waxman, whose simple question about Fuld’s alleged $480m of earnings - Is that fair? - [...] continue reading the breaking news

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