The Lehman “golden goose” was killed by corruption ,, packaging and selling securities that were designed from inception to fail spectacularly ,, collecting commissions on the sales while they bet huge amounts on the securities failing. They would have made a mint if they had the Geitner connection to force payment on their insurance/cds’s like GS did with the American taxpayers via AIG.
and who got 90% of Lehman’s political contributions?
...and the Wall Street golden goose will be killed by regulation - regulation that will increasingly eliminate risk-taking and therefore profitability, and drive capital overseas.