http://bloomberg.com/apps/news?pid=20601109&sid=aPQXoCH.fIa0&refer=home
Lehman shouldn't have even been allowed on the dance floor
They were broke!
Just like the other banks unless we continue to fortify them forever!
No bailout NO rescue!
Jail sentence only!
And take their friends in Congress to!
A brochure pitching $1.84 million of notes sold by Lehman Brothers Holdings Inc. in August, a month before the firm filed for bankruptcy, promised ``100 percent principal protection.''
Buyers had ``uncapped appreciation potential'' pegged to gains in the Standard & Poor's 500 Index, the brochure said. In the worst case, they would get back their $1,000-per-note investment in three years. Only the last in a list of 15 risk factors mentioned the biggest danger: ``An investment in the notes will be subject to the credit risk of Lehman Brothers.''
