Lehman Bank FailureSubmitted by kevink on Sat, 11/17/2012 - 09:44
One of the big complaints against our current Corporatist system is that when banks fail, the average citizen is put "on the hook" for those failures by having to bail out the banks. Can anyone explain to me then why Lehman Brothers was allowed to fail? They were a big bank. Were they somehow not in the "inner circle"?