Lehman Was Solvent, Could Have Been Saved Say Fed Officials – ValueWalk Premium
lehman brothers

Lehman Was Solvent, Could Have Been Saved Say Fed Officials

A key moment that triggered the financial crisis, when Lehman Brothers was allowed to fail, is now being called into question.

The comfortable line of thought used by U.S. Treasury and Federal Reserve officials was that Lehman was insolvent and could not be saved.  The decision was a legal consideration, not a policy decision. Recent interviews published in

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