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Thursday, September 15, 2011

LEH



Today marks the anniversary of the largest bankruptcy in the US, Lehman Brothers filed for bankruptcy in 08 and as we all know, it set off a domino effect across the global financial world. Main street is dead in the water with zero new job growth and rapidly rising poverty rates.  Surely Dick Fuld, the man vilified for the collapse of Lehman Brothers is haunted by the day, but rest assure the $22 million bonus from just March of ’08 should help keep his mind on other things.

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