Financial giants begin tearing at each other, assessing blame

Discussion in 'Economics' started by wilburbear, Oct 5, 2008.

  1. Lehman filed for bankruptcy with debt of $613 billion as of May 31.

    That is a lot of money. I know I couldn't pay back that much money.
  2. JPM = Federal Reserve. Now that the bailout is passed, you will see all the treachery that happened to cause this credit crisis. Which was just another huge power grab by the bankers.
  3. C fighting with WFC. The big boys have too much at stake to stop fighting and pointing fingers.

    Also, JPM froze LEH's assets before LEH failed. LEH got pissed and improperly removed money from London. Hopefully, this has all stopped now.
  4. .