Tuesday, April 24, 2012

Lehman Brothers – A National Shame

LinkWe now know that when Wall Street rock n’ rolled and drove this nation to the edge of catastrophic economic disaster no one was looking out for you, for me, for pension funds, for America.

If you want to know the details of this outrage watch the 60 minutes report on Sunday April 22. It will make your skin crawl. it will make you want to vote for new people who are not leashed poodles of the Wall Street establishment. It will raise your blood pressure. It will also make you doubt that we are a democratic nation and that we are actually different from, say Albania or Mafia-run Russia.

Read this:

“It’s hard to overstate the enormity of the 2008 collapse of Lehman Brothers. It was the largest bankruptcy in history; 26,000 employees lost their jobs; millions of investors lost all or almost all of their money; and it triggered a chain reaction that produced the worst financial crisis and economic downturn in 70 years. Read more......

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