The fifth anniversary of the failure of Lehman Brothers is generating a lot of comment, mostly of the sort that blames the largest banks for their evil ways. But when considering the lessons learned from the collapse of this large broker-dealer into bankruptcy in 2008, it is important to recognize the role of politicians and regulators in creating this mess in the first place.
- Why Didn’t Anyone at Lehman Get Pinched? – Bloomberg (bloomberg.com)
- SEC Lehman Brothers Case Collapses (gilescadman.vg)