What went wrong with the storied investment-banking firm is a warning for all of Wall Street.
By Allan Sloan and Roddy Boyd
Last Updated: September 15, 2008: 8:13 AM EDT
(Fortune Magazine) — The sad fate of Lehman Brothers is a cautionary tale of what’s gone wrong with Wall Street.
Lehman ended up on the financial scrapheap because it [...]
Archive for September, 2008
The Lehman Lesson – “Over Leveraging Kills”
Posted in Investing Lessons on September 15, 2008 | Leave a Comment »
Lehman’s dying hours
Posted in Investing Lessons on September 15, 2008 | Leave a Comment »
As the clock ticks down, workers file out of a Times Square skyscraper carrying what they can.
By Andy Serwer, managing editor
Last Updated: September 15, 2008: 7:27 AM EDT
NEW YORK (Fortune) — The last hours, minutes really, of one the world’s largest investment banks make for a pretty unusual spectacle.
I’m standing outside Lehman Brothers (LEH, Fortune [...]
Pinoy Financial Quotient”, pass or fail?
Posted in Inspirationals, OFW Corner on September 2, 2008 | Leave a Comment »
“pinoy Financial quotient”, pass or fail?
Sounds like a school examination, isn’t it? Yes it is an examination, But it’s actually beyond that. In my previous article, I roughly mentioned about Filipinos having low “financial IQ”. We are aware of the term IQ (intellectual quotient) and EQ (emotional quotient), But [...]
