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Lehman Brothers

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  • Lehman Brothers

    Lehman Brothers is filing for bankruptcy.

    Does anyone care?

    Do they deserve this?

    How can you invest in mortgages that were sold to people who never put a down payment and had to show no proof of income?

    These financial people are supposed to be so smart when it comes to investing and it seems they got drunk on greed and now they are paying the price.

    I bet the founding brothers, Emanuel and Mayer Lehman wouldn't be too happy to see their business being driven straight into the ground at Mach 1. It's amazing how when you have ownership in a business how differently you act than when you are just in it for the short term salary and bonus.

    What's your view?
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  • #2
    The writing should have been on the wall for the Lehman Bros
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