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Lehman Report: Were Securities Regulators Out to Lunch?

Mar 13, 2010 Object, news

The report detailing Lehman Brothers’s deliberate misstatements in public filings suggests securities watchdogs failed to effectively regulate the bank, which went bankrupt in 2008. Also nailed in the report is the Federal Reserve’s short-sighted approach toward Lehman. Better regulation may have saved the bank.

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Lehman Report: Were Securities Regulators Out to Lunch? originally appeared on DailyFinance on Sat, 13 Mar 2010 21:45:00.

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