Scared Monkeys Discussion Forum

Current Events and Musings => Political Forum => Topic started by: WhiskeyGirl on September 22, 2009, 12:50:31 AM



Title: "Too hot to handle: how Lehman Brothers went down"
Post by: WhiskeyGirl on September 22, 2009, 12:50:31 AM
A story that helps to fill in the blanks -

"The failure of Lehman had set off a tsunami of selling across the globe."

http://www.mg.co.za/article/2009-09-22-too-hot-to-handle-how-lehman-brothers-went-down (http://www.mg.co.za/article/2009-09-22-too-hot-to-handle-how-lehman-brothers-went-down)

I won't post the snips.

I've always wondered why all things happened the way they did.  Lehman, Geithner, and Paulson's involvement all seems shrouded in mystery.

I believe the author helps piece the story together from the other side of the pond.

Very interesting reading.