Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Monday, June 6, 2011

Bankrupt Lehman Brothers May Face Public Rebuke and Little Else

Below the link is a comment I posted at the site.

http://www.propublica.org/blog/item/bankrupt-lehman-brothers-may-face-public-rebuke-and-little-else

Wang neglected to mention that after Lehman’s was brought down in a controlled demolition, it was purchased by a member of the Bush family for peanuts on the dollar. That’s right, GWB’s administration chose to let Lehman’s implode while rescuing many another giant, and then the ruins were purchased for a tiny fraction of book value by the ruling family. That is the biggest scandal of them all, which apparently isn’t of interest to MW. What is detailed above is the official cover story.