We have our pessimists and our optimists, and I can guess were most of stand.

However, I found this article shocking...

The downfall of Lehman Brothers....

"How the 158-year-year institution came to this is a tale of hubris and overreaching -- and a big dose of bad luck.


    

Lehman's fall from grace was brutally fast. Until June, it had never even reported a quarterly loss as a public company.

    

As recently as March, Fuld was awarded a $22 million bonus for 2007
-- a generous pay package to be sure, but one that also reflected a
year in which the bank's net profit had risen 5 percent to a record
$4.2 billion."

So in March of 2008 the CEO gets a 22 million dollar bonus and in Sept a mere 6 month later... they are close to bankruptcy.
So much for Sarbanes-Oxley.

-Craig

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