nswd

Lehman owes its 10 largest unsecured creditors more than $157 billion

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How awesome is this treasure trove of emails, documents, files et al. placed online by the NY Fed?

Some of the emails between Lehman execs are laughable — naive, silly, hubristic, childish.

But my favorite piece simply has to be the Morgan Stanley research report from June 30, 2008 “Overweight Rating” on Lehman Brothers — “Bruised, Not Broken, Poised for Profitability.” 60 days later, Lehman Brothers filed what was then the largest bankruptcy in the United States. 

{ Ritholtz | Continue reading }

hatchet { Christopher Roth }





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