Lehmans gone under. (1 Viewer)

There was a bloke on the radio this morning saying we should be happy its gone under as banks like this need to be responsible for the things they've done and if they go to the wall, they go to the wall. Basically these lads were amongst those primarily responsible for the problems in the American mortgages market causing the credit crunch.

The news sounded awful apocalyptic this morning though.
 
but its 7.30 am here... how did that happen already?
When do the markets open?

Before 7.30 I suppose.
Oh well. Everyone was saying another major one had to go before shit would stabilize at all.
 
There was a bloke on the radio this morning saying we should be happy its gone under as banks like this need to be responsible for the things they've done and if they go to the wall, they go to the wall. Basically these lads were amongst those primarily responsible for the problems in the American mortgages market causing the credit crunch.

The news sounded awful apocalyptic this morning though.

George Lee?
 
but its 7.30 am here... how did that happen already?
When do the markets open?

Before 7.30 I suppose.
Oh well. Everyone was saying another major one had to go before shit would stabilize at all.

There's videos of the staff packing up all their belongings from the offices in what looks to be the middle of the night. Must have happened overnight.
 
Who's your favourite Lehman Brother?

Mine is this guy


4940550
 
There was a bloke on the radio this morning saying we should be happy its gone under as banks like this need to be responsible for the things they've done and if they go to the wall, they go to the wall. Basically these lads were amongst those primarily responsible for the problems in the American mortgages market causing the credit crunch.

The news sounded awful apocalyptic this morning though.
The lad on the radio was a bit shortsighted - who's money did he think it was that went to the wall? His granny's.
 
There's videos of the staff packing up all their belongings from the offices in what looks to be the middle of the night. Must have happened overnight.

so, I suppose they tried to sort it over the weekend, and that went belly up, so someone got a phone call.

Ha hahahaha. The fucking state of us.
Giving our learned opinions on Wall St.
The quadriplegic mentally handicapped blind leading the paraplegic mentally handicapped blind pricks.

What's your opinion on the Lehman Bros?
I preferred their earlier work.

It's not surprising that The Lehman Brothers went bankrupt though.
That was always on the cards.
When The Seasoned Professional Brothers buy the big one... now thats when its time to start getting worried.
 
I wonder how the Russian Business Network is weathering the credit crunch
 

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