Comments on: Why Lehman Collapsed

By: Brett Tibbitts

Brett Tibbitts — Mon, 01 Dec 2008 18:55:50 +0000

I don’t agree that only culprits at Lehman were lax government regulation and risky investments. How about a ridiculous compensation system which vastly overpaid executives for extremely short term performance? This of course fed into the risky investments which brought Lehman down. And the seeds of the ridiculous compensation system really date back to 1993 when the Clinton administration tried (admirably) to reign in executive compensation by limiting tax deductible salaries to $1 million. Problem is that the corporations and salary consultants got around this by creating the stock option craze – which lead to a greater emphasis on shorter term performance. Once again, the unintended consequences of government regulation!!!!!

By: AmenRa

AmenRa — Sun, 30 Nov 2008 06:16:01 +0000

For those that are interested, Bloomberg TV online now uses BitGravity to broadcast. You don’t need Windows Media Player to view. This makes it much easier on those of us who use Macs. So now you get the scroll at the bottom with the broadcast.

Now back to your regularly scheduled programming. The problems from LEH will continue for some time. It takes a long time to find all of the counterparties in the deals. I still believe that if we’re giving them money then they should have to pay dearly for it (10% minimun). All executives and board members involved in securitizations should be removed. True laissez faire is no (or very little) government involvement. If you fail then you close up shop, sell off assets, etc. Just like the stock market, if you take on too much risk you may get burned.

By: DL

DL — Sun, 30 Nov 2008 06:01:37 +0000

Lehman collapsed, there was no bailout, yet the U.S. economy did not grind to a halt.

Paulson can be credited with one good decision, at least.

By: Mark E Hoffer

Mark E Hoffer — Sun, 30 Nov 2008 04:40:26 +0000

karen,

do me a favor, the next time you see an egregious error, in my usage of commas, point it to me..

I’ve seen Strunk’s EoS, and many other books, of similiar ilk, on Grammar; I’ll guarantee my usage, of punctuation marks, hews closer to ‘the book’ than most others..

By: karen

karen — Sun, 30 Nov 2008 04:38:26 +0000

Unedited Jeremy Grantham interview. I hope you all can see it, because it’s the best and the brightest speaking…

http://www.wealthtrack.com/exclusive_video.php

i love the part where the talks about his hope hat the US government would put a floor under oil prices to protect/promote our environment and environmental enterprises….

By: karen

karen — Sun, 30 Nov 2008 04:07:01 +0000

Mark, Mark, Mark, I beg you to review the usage of commas. May I recommend “The Elements of Style” by William Strunk? You’ll revel it in, i’m sure!

By: Mark E Hoffer

Mark E Hoffer — Sun, 30 Nov 2008 03:51:33 +0000

“Lax Gov’t Regulation”

http://www.snoety.com/truth-in-advertising/

http://hawtymcbloggy.com/2008/11/15/truth-in-advertising/

though, ominous would be the whole corpus of Reality, re: these ‘Failures’, being dragged into the Daylight..

By: Bob the unemployed

Bob the unemployed — Sun, 30 Nov 2008 02:54:48 +0000

> Fusion IQ is your hosts company

http://www.wisegeek.com/what-is-dry-humor.htm

By: Jojo99

Jojo99 — Sun, 30 Nov 2008 00:10:26 +0000

Fusion IQ is your hosts company (Barry’s)! [lol]

By: godzila

godzila — Sun, 30 Nov 2008 00:09:57 +0000

Fusion IQ = https://www.fusioniqrank.com/