Would you think it possible Lehman Bros. purposely destroyed their own company?

Answers:2   |   LastUpdateAt:2012-10-14 23:20:02  

Question
Merli
Asked at 2012-09-21 07:18:02
I want to read the description of himself Leman . MedlinePlus MedlinePlus Lehman Brothers , an innovator in global finance , serves the financial needs of corporations, governments and municipalities , institutional clients and high net worth individuals worldwide . Founded in 1850 , Lehman Brothers maintains leadership positions in equity and fixed income sales , trading and research , investment banking , private investment management , asset management and private equity. The firm is headquartered in New York , with regional headquarters in London and Tokyo , and operates in a network of offices worldwide . MedlinePlus MedlinePlus They seem pretty well diversified , as I'm sure that any investment broker / bank would say it is the wisest and secure it on Wall -Street . So this question. Why would they make the move to consolidate its interests in such really volatile part of the market, eg derivatives, residential mortgage , namely , not stay diversified ? Do the owners to sell the valuable portions of the company for personal gain and deliberately imploded the "front" ? That is why not rescued Lehman Bros. , does not?
Answer1bad chicAnswered at 2012-10-06 04:42:37
Yes , I do. CEOs given millions as a parting gift bankrupt companies are being rewarded for something . Whose interests is yet to be served .
Answer2KarriaAnswered at 2012-10-14 23:18:22
From the information that CNN reported on Lehman Brothers was the sacrifice for the good of AIG (which had a better connection with Paulson and crew) . Yes , I wanted to rescue Lehman Brothers but Paulson and others had other plans .
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