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A comment on The Next Recession Will Be About Sovereign Debt. Parent comment
Lehman Brothers was the only bank that refused to take a haircut on the bailout of LTCM in 1998.
CEO Dick Fuld told Paulson "to drop dead".
https://dealbreaker.com/2018/09/hank-paulson-killed-lehman-b...
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Lehman Brothers was the only bank that refused to take a haircut on the bailout of LTCM in 1998.
CEO Dick Fuld told Paulson "to drop dead".
https://dealbreaker.com/2018/09/hank-paulson-killed-lehman-b...