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The FRBNY releases a "treasure trove" of documents surrounding the Lehman failure. Yes, many of...
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Tuesday, May 1, 2012, 8:31 AM ETThe FRBNY releases a "treasure trove" of documents surrounding the Lehman failure. Yes, many of the emails show the execs to be naive, hubristic, and childish, but Barry Ritholtz's favorite is analyst Patrick Pinschmidt's, "Bruised, not broke, poised for profitability" call 60 days ahead of the bankruptcy filing. Pinschmidt's current position: Working for Tim Geithner over at Treasury.
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Doing what besides adding to the deficit?