Inside Lehman's Last Hours -- AR Sorkin With Previously Unseen Bernanke Emails (VIDEO)
CNBC Video: Andrew Ross Sorkin on Squawk box -- Aired this morning
Short clip, runs 3 minutes. Bernanke and Paulson would never lie.
I've written from the beginning. They could have saved Lehman. They chose not to. That's a good thing. One of the few good things to come out of the crisis. The problem for Bernanke, Paulson, Geithner, Kashkari and everyone else involved is they've been lying about it since that day. The decision was made to enforce moral hazard and Dick Fuld was their target. They just aren't willing to admit it. Goldman Sachs would now have one fewer competitor, thanks to Hank.
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Screenshot
Only thing they got right.
Reader Comments (9)
http://www.cnbc.com/id/39040798
http://www.cnbc.com/id/39037382
http://news.yahoo.com/s/ap/20100907/ap_on_re_us/quran_burning
Barney Frank's wacky DEM opponent...
Stephen Hawking
http://online.wsj.com/article/SB10001424052748704206804575467921609024244.html?mod=WSJ_hp_mostpop_read
http://www.telegraph.co.uk/news/newstopics/politics/tony-blair/7983792/Tony-Blair-memoirs-former-PM-may-cancel-book-signing-amid-security-fears.html
A warmonger and a chicken shit...
Ambrose Evans
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7982807/Dangerous-Defeatism-is-taking-hold-among-Americas-economic-elites.html
He's the first vice president to have an L.A. school named after him, sharing the honor with author Rachel Carson. Fittingly, the campus will be devoted to environmental themes. But there's a catch.
http://www.latimes.com/news/local/la-me-gore-school-20100906,0,719678.story
http://tpmmuckraker.talkingpointsmemo.com/2010/09/details_on_c-streets_midnight_intervention_for_ens.php?ref=mblt