Tales from Lehman's Crypt

[choie]

It's just amazing - like the Bush Administration, these robbers and thugs take no responsibility for their roles in this economic debacle:

"..Yet few Lehman veterans, or their counterparts at other banks, blame themselves for the havoc their activities wrought. Instead, they point to the failures of regulators.

“From a policy perspective, the regulators have to step in,” says Richard McKinney, who oversaw mortgage trading at Lehman and in the firm’s last year, the bundling of mortgages and other loans. “It would be an awful lot to ask the Street to not look for revenue opportunities where their competitors are finding revenue.”


http://www.nytimes.com/2009/09/13/business/13lehman.html?hp

[renate]

1. you might want to hold off on reading that for a while

You might (as I did) get a pop-up malware thingy. I didn't click on it or try to close it--the advice given in the article is to restart your browser.

http://mediamemo.allthingsd.com/20090913/home-delivery-the-new-york-times-serves-up-some-malware/

However, before the pop-up malware showed up, I read that article earlier today and it's interesting, so I do recommend reading it... eventually. :)