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IPFS News Link • Bailouts

Ex-Lehman CEO Says Feds Refused to Save Firm

• AP
The former chief of Lehman Brothers told a panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators refused to help even though they later bailed out other big banks.
 

1 Comments in Response to

Comment by Lucky Red
Entered on:

Oh, cry me a river!  They should have done the same identical thing with the rest and, today, we'd be a hell of a lot better for it.  Guaranteed!