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A Lehman Lesson

Submitted by Porterhouse, Sep 15, 2008 09:35

Reality isn't always pretty, is it. Perhaps someone should erect a huge billboard on Wall Street which reads, insatiable greed doesn't pay!

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Comment	By	Date
Risk? What risk did Fuld and Cayne take? Bad asset allocation risk? Let's not confuse the risk that capitalism needs... [MORE]	plmayo	Sep 26, 2008 19:18
The particular innovation of this very rich individual was to identify ways of upgrading the value of investments through creative... [MORE]	irishjazz	Sep 15, 2008 12:22
Reality isn't always pretty, is it. Perhaps someone should erect a huge billboard on Wall Street which reads, insatiable greed...	Porterhouse	Sep 15, 2008 09:35
Not quite accurate. With $40 million, Dick Fuld may have to give up some toys and downsize his lifestyle, but... [MORE]	david Brusowankin	Sep 15, 2008 08:45