03.17.10
A spokesman for E&Y said: “Lehman’s bankruptcy was the result of a series of unprecedented adverse events in the financial markets.
NOT TRUE
so Authorities better start investigations as it is nearly 2 years since the incident reached climax!
E& Y
Linklatters
and others must be investigated & where possible fined & prosecuted , as reckless greedy corporate culture must be discouraged ! & held somewhere accountable for bad or reckless advice , whilst they still take fees !
Lehman had been gradually set up over the years leading up to 2008 Sep- so there is no excuse to blame the crises – it would have imploded later!
& for firm’s spokespeople to suggest a simple answer like ‘Crises’ , is reckless comprehension of the whole matter!
