SEC won't take action against Lehman Brothers
The SEC will likely not seek action against the Lehman for the events that led up to the firm's massive bankruptcy in 2008.
The SEC will likely not seek action against the Lehman for the events that led up to the firm's massive bankruptcy in 2008.
By Joshua M. Brown, Guest blogger
Looks like Lehman's former execs are in the clear...
From Bloomberg:
Why not?聽 No harm, no foul.聽 Everyone hides tens of billions in losses these days, whatever!