Lehman Brothers' Favorite Candidate
As of this morning, the fate of Lehman Brothers remains up in the air. On Saturday, government officials and financial institutions such as Bank of America scrambled to put together a package to prevent the total collapse of the subprime embattled investment bank. However, one thing is for certain, after today, Lehman Brothers will no longer exist. Even if another financial institution were to step in and bail out the Lehman, it will eventually be absorbed by the other company and another bank will fade away as a result of the banking systems own mismanagement and a federal government who has created an environment in which competition is dwindling in the financial markets.
I personally have to laugh when I listen to politicians excoriate Wall Street Financial executives for their mismanagement in recent years and policies which have endangered th
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