Daily Archives: November 15, 2012

What Really Happened When Lehman Failed… And Why Spain Will Be Much Worse

Countless pages have been written about why Lehman caused the system to almost implode. However, the reality is that Lehman nearly took down the entire financial system for two reasons: 1)   Lehman’s $155 billion worth of bonds were used as … Continue reading

Posted in Uncategorized | Comments Off on What Really Happened When Lehman Failed… And Why Spain Will Be Much Worse