The New York Times
Neil M. Barofsky is not a household name like some special investigators of the past — Kenneth Starr during the Clinton administration or Archibald Cox in the Watergate years.
But increasingly, Mr. Barofsky …
Discussing whether the methods banks use to disguise debt is unethical or not, with Ron Geffner, former SEC enforcement attorney/Sadis & Goldberg and Lawrence McDonald, A Colosssal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers author.
For there, in that sun-drenched Caribbean paradise,
set 170 miles south of the western end of Castro’s Cuba,
Lehman, in company with several other investment banks,
held a controlling hand over a succession of hidden
Trusts.
The Pangea strategy recorded another positive month in November. The fund was up 6.21% (net of expenses and commissions but before management and performance fees) as it was positioned opportunistically across assets throughout the month.
Like a junkie that has to get a fix to maintain the same high, the U.S. Government deficit spending addiction has expanded for the last 30 years at approximately the same 10% compounded annual rate of the growth during the tumultuous three decades that included the Great Depression, World War II and the Cold War.
Inside Lehman’s CollapseLawrence McDonald, author of the bestseller “A Colossal Failure of Common Sense,” tells the inside story of the collapse of Lehman Brothers.