Grandma Lehman Sues Big Bad Wolf JPMorgan

By: Sunday May 30, 2010 10:30 am

The bankruptcy estate of Lehman Bros. claims that JPMorgan forced Lehman into a sudden bankruptcy, to save itself money it might have had to pay Lehman on derivatives. It’s another example of the wolves of Wall Street eating their own.


Goldman Sachs: Killing Their Own Brand?

By: Sunday April 18, 2010 1:15 pm

I don’t understand it. Why would they do it? Oh, I know that Goldman Sachs made a lot of money working both sides of the deal selling short on a synthetic CDO that it created with direct input of the customer who wanted to take the short position (bet against the CDO).

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