As we mentioned in a previous blog, it was impossible that the Lehman Brothers did not know what was the price of their assets – and this months ago before the collapse. Maybe Fuld did not have a precise idea of total dimensions of the issue, but he knew how close he was for sure.Read More »Lehman Brothers Reloaded
Of course in hindisght it is always easy to make comments in hindsight and we at www.doitinvest.com can be accused in this blog that this is exactly what we are doing. But without these analysis we would not learn from mistakes and of course we would be doomed to repeat them, which is not the wish of our readers I guess.Read More »Investment banks shares – crap or fate?
It seems that Sept 11, 2008 was not so bad a day for shares, after all. U.S. stocks rose on Thursday as a report that major U.S. investment bank Lehman Brothers is shopping itself to possible owners, including Bank of America, drove a last-minute increase in financial shares.Read More »Shares update – Dow Jones on the rise on September 11