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Friday, April 11, 2008
Lehman Brothers does it again, but with Federal Reserve help

· 4/11/2008 04:20:00 PM ET · Link 
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Will anyone in Congress, White House or Federal Reserve ever learn? Lehmen Brothers, rumored to be the next Bear Stearns only weeks ago and who just downplayed the seriousness of the subprime loss (surely by coincidence) has just used some more "innovative" financing to move a few billion of absolute shite into cash to help their books, all courtesy of the American taxpayer. Great. Just as they played games and took the country (and beyond) into this recession with funny business, they're doing it again but this time with the backing of the hapless Bernanke and Federal Reserve.

We bail out this bunch of bums and to say "thanks" they do it again. Does anyone in Washington have any common sense? Are they going to let Wall Street pull these games forever?

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