Detail Lehman Brothers and the crisis: A year on   Oleh:  The Economist Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 392 no. 8648 (Sep. 2009), page 78. Topik: Lehman Brothers; Mortgage; Debt; Investment Bank Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.57 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel ON JUNE 7th 2005 the then new global head of fixed-income trading at Lehman Brothers launched a devastating attack on America’s housing market. It was “pumped up like an athlete on steroids”, he said in an office meeting. Those muscles gave a “false impression of strength and in the end would not be sustained”. Almost instantly America’s housing bubble started to deflate. On February 9th 2007 Lehman’s global head of distressed trading publicly challenged the boss of its mortgage-securitisation business, predicting that the “domino effect” of the collapsing housing market would damage the banking sector. He gave warning that Lehman, with its trillions of dollars of debt and high exposure to mortgage-backed securities, was at risk. You don’t know what you are talking about, replied the head of mortgage securitisation. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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