Word: lehmans
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...John Lehman, a member of the 9/11 commission and Navy Secretary during the Reagan Administration, says a reluctance to cause offense by citing Hasan's view of his Muslim faith and the U.S. military's activities in Muslim countries as a possible trigger for his alleged rampage reflects a problem that has gotten worse in the 40 years that Lehman has spent in and around the U.S. military. The Pentagon report's silence on Islamic extremism "shows you how deeply entrenched the values of political correctness have become," he told TIME on Tuesday. "It's definitely getting worse...
Certainly, the financial crisis blame game has been in full swing for some time now. Ever since Lehman Brothers went belly up, people have been debating the financial crisis. But getting to the bottom of what or who caused the foreclosure of millions of homes and trillions of dollars in losses hasn't been easy...
...retailers are digging in their heels, insisting they won't slash prices to 2008 levels. Last year, retailers had loaded up on goods for the holiday season but were then hit with the collapse of Lehman Brothers, upheaval in the credit markets and the AIG crisis, which sent tremors of fear far and wide. Consumer spending dried up, and shoppers abruptly disappeared. Retailers found themselves sitting on huge inventories of unsold goods, and many frantically started chopping prices to clear shelves...
Evidence pointing to excessive risk-taking by executives at investment banks Bear Stearns and Lehman Brothers continues to emerge more than a year after the two investment banks collapsed in 2008—this time from a paper released online this weekend by three Harvard Law School affiliates...
...work seeks to contribute to this ongoing examination. We do by showing that the examples of Bear Stearns and Lehman should not be used as a basis for dismissing the potential role of compensation structures in past risk-taking and the potential value of fixing such structures,” Bebchuk wrote in an e-mailed statement to The Crimson...