Bankruptcy at Lehman Brothers
Filed in archive Hedgetalk by Alex Akesson on September 15, 2008

Investors in recent weeks had grown increasingly jittery about Lehman's $46 billion of mortgages and asset-backed securities, as well as its credit rating and its ability to raise capital.
Bankruptcy also represents a bad end to Chief Executive Dick Fuld's four-decade career at Lehman. Fuld, who piloted the investment bank through prior crises with aplomb, was widely seen as too slow to recognize Lehman's need to raise capital and shed bad assets.
More at; Lehman Goes Banktrupt in High Profile Casualty Case
Permalink: Bankruptcy at Lehman Brothers
Tags:
hedge+funds+lehman+bankrupt
hedge
fund
lehman
2008
hedge+fund
lehman+brothers
hedge+funds
Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/133894

Mr Wong
