Tuesday, March 16, 2010

Essential reading on the Lehman Brothers scandal

Looks like the criminality is finally seeing the light. Wonder how Geithner will survive now.

Blogs Beat the Press on the Lehman Brothers Scandal
Columbia Journalism Review
Economic Crisis, The Audit -- March 15, 2010 04:20 PM
Monday, March 15, 2010
Last Update: Mon 7:38 PM EST ...Look, I know that Lehman collapsed a year and a half ago, but this is a major story--one that finally gets awfully close to putting the crimes in the crisis. I'll go ahead and say it: If you've wanted to know about the Valukas report and its implications, you've been better served by reading Zero Hedge and Naked Capitalism than you have The Wall Street Journal or New York Times. This on the biggest financial news story of the week--and one of the biggest of the year. These papers have hundreds of journalists at their disposal. The blogs have one non-professional writer and a handful of sometime non-pro-journalist contributors...
Also here:

Wray: Timmy-Gate: Did Geithner Help Hide Lehman Fraud?
Naked Capitalism
Monday, March 15, 2010
By L. Randall Wray, a Professor of Economics at the University of Missouri-Kansas City who writes at New Economic Perspectives

hat tip: daily kos

No comments: