Byron Wien sees a strong similarity between Greece and Lehman Brothers: hubris. Lehman...

|By:, SA News Editor

Byron Wien sees a strong similarity between Greece and Lehman Brothers: hubris. Lehman repeatedly turned down offers from the Fed to purchase it, and in its pride finally was punished; Greece's relationship to the eurozone, in how it overspent enormously vis-a-vis its GDP, isn't much different. Wien nevertheless takes an optimistic view of Europe's prospects.