Investigating where Lehman’s money went


	Investigating where Lehman’s money went

egoldstein

10-24-2008 10:57 AM

340 views

tags:

lehman brothers, freddie mac, credit crisis

egoldstein says:

This sounds awfully shady. I hope that someday we can get a clear understanding of all the shenanigans that are going on. Seems that the government and major banks are writing the rules as they play the game...and we all just can't keep up with all the noise.

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10-24-2008 3:59 PM

carrerinyes

The plot..sickens?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3fe751d8-aeeb-401b-9aa0-1051c01ba812/974BEC09-186B-4131-A4EE-06FE3BB84300/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.businessweek.com/ap/financialnews/D940CKF80.htm" href="http://www.businessweek.com/ap/financialnews/D940CKF80.htm" style="font-size: 11px;">www.businessweek.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/ap/financialnews/D940CKF80.htm"><P>Freddie Mac, the mortgage lender that was seized by federal regulators, has asked a bankruptcy judge to investigate the whereabouts of $1.2 billion that Lehman Brothers borrowed.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/ap/financialnews/D940CKF80.htm">Freddie Mac is not alone in seeking an investigation of money flows in the Lehman case. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/ap/financialnews/D940CKF80.htm"><P>Others who have asked for similar investigations include: Bank of America Corp., Well Fargo Bank NA, Federal Home Loan Bank of Pittsburgh and Fir Tree Value Master Fund LP.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/974BEC09-186B-4131-A4EE-06FE3BB84300/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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