Lehman E-Mails Show Wall Street Arrogance Led to the Fall

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Lehman E-Mails Show Wall Street Arrogance Led to the Fall

Lehman E-Mails Show Wall Street Arrogance Led to the Fall

Say hello to my little BIG friend SARBANES-OXLEY!

But too bad the government isn’t doing anything to tame the fraud beast. So why bother with any laws.

You can forage through the emails if you can afford a month to go through them.

Bloomberg-

If one wants to understand the full complicity of Wall Street in the Great Recession, look no further than the voluminous package of pre-collapse Lehman Brothers documents that have been made available by the law firm Jenner & Block LLP, which has acted as the coroner in the Lehman post-mortem.

Most important, the cache dispels the myth that Dick Fuld, chief executive officer of Lehman Brothers Holdings Inc., and his close associates were unaware of the risks their business faced in 2007 and 2008. That would be bad enough, but the more devastating reality is that Fuld and his sycophants were warned repeatedly but were blinded by their hubris.

[BLOOMBERG]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

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