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What Were Lehman Officials Really Thinking?

Started by washingtonindependent · 9 months ago

Lehman Bros. CEO Richard Fuld, in a written statement for the House oversight committee, portrays himself as a victim of mortgage-market forces beyond his control. Fuld writes, “What happened to Lehman Bros. [which could have been one of the largest bankruptcies in U.S. history%5 ... Continue reading »

2 comments

  • A NEEDED FIX IN ALL BOARD ROOMS

    Isn't it time the system went in for some much needed repair?

    Due diligence and oversight long ago slid out the window. No one was watching.

    Time to do something about it.

    Here's a huge one they all missed.... The dramatic change that swept through all of North America's boardrooms over the past 30 years. It is one of the underlying causes of the headache the economy is now feeling, but more importantly, it has resulted in the general feeling of "disconnect" by most Americans.

    "WE THE SHAREHOLDERS OF YOUR COMPANIES......

    http://pacificgatepost.blogspot.com/2008/03/let...
  • THIS STRATEGY WILL HELP THE FANNIE MAE CROOKS TO AVOID PRISON TIME.

    THE BAIL OUT CRISIS WAS CAUSED BY A HANDFUL OF CORRUPT CONGRESSMEN AND FANNIE MAE OFFICIALS. THEY BOUGHT UP 4 TRILLION DOLLARS IN BAD DEBT IN ORDER TO PAD THE BOOKS AT FANNIE MAE AND COLLECT HUNDREDS OF MILLIONS OF DOLLARS IN SALARY BONUSES FOR THEMSELVES. THEY TOOK THEIR MONEY AND LEFT THE AMERICAN TAXPAYER HOLDING THE BAG.

    HERE ARE THREE VIDEOS THOSE CORRUPT FANNIE MAE OFFICIALS & AT LEAST FIVE CORRUPT CONGRESSMEN DON’T WANT THE AMERICAN

    PEOPLE TO SEE:

    http://www.youtube.com/user/TheMouthPeace

    http://www.youtube.com/watch?v=_MGT_cSi7Rs


    http://www.youtube.com/watch?v=q2WKtp01yOw


    One Of The Crooks Will Probably Be The Next Attorney General Under Obama. If That Happens, NONE of them will ever

    be brought to justice.

    http://www.wnd.com/index.php?pageId=67068

    What We Saw Today Was Just A Smokescreen Designed To Hide The Real Crooks In This Mess Including Dodd, Frank, Goerlick, Mudd, Obama, Raines and Johnson. And From The Looks Of Things Today, Waxman Is Going To Head The Cover Up.

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