Monday, September 15, 2008

Lehman bankruptcy biggest ever

"Lehman, which listed more than $613 billion of debt, dwarfs WorldCom Inc.'s insolvency in 2002 and Drexel Burnham Lambert's failure in 1990".It's been a game of banking musical chairs and the music just stopped folks.

read more | digg story

1 comment:

johngeorge234 said...

As uyou mentioned that it is a game,the game is better to play but when coming to install some amount we shpuld have to think about it.The whole thing is frankly frightening for the economy.
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john
http://www.shepelskylaw.com

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