7 ms·

They should have saved Lehman Brothers.

• cdavid 16y ago
  Why the downvote ? I believe it is pretty much agreed on that letting lehman brothers fall was a mistake - of course, saying it afterwards is easy.
  • borism 16y ago
    because this is not particularly popular opinion in extremely libertarian tech circles, no matter what people more knowledgeable about those things say.
  • thasmin 16y ago
    Where can I find details about this?
    • cdavid 16y ago
      I read mostly on French ecoblogs, but in English: - http://delong.typepad.com/sdj/2008/09/a-very-large-in.html - http://www.nytimes.com/2009/09/12/business/12nocera.html?_r=1&hp You can find much more if you look a bit. I think outside the libertarian on the fringe, most people agreed the decision was certainly not obvious to make at that time. I am sure it will take time before academics agree (if ever:) )on whether this was a mistake or not.