Comments on: Why we are in this mess – Lehman Brothers http://www.andysalo.com/2009/05/04/why-we-are-in-this-mess-lehman-brothers/ Startups, Entrepreneurs, and Real Estate 2.0 Thu, 02 Sep 2010 21:10:42 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: lawrencegmcdonald http://www.andysalo.com/2009/05/04/why-we-are-in-this-mess-lehman-brothers/comment-page-1/#comment-49 lawrencegmcdonald Mon, 04 May 2009 19:59:02 +0000 http://andysalo.com/?p=121#comment-49 The media don't know the half of it, Andy. Here's a link to my blog... it will make your hair stand on end! http://tinyurl.com/dyflwl The media don’t know the half of it, Andy. Here’s a link to my blog… it will make your hair stand on end! http://tinyurl.com/dyflwl

]]> By: andysalo http://www.andysalo.com/2009/05/04/why-we-are-in-this-mess-lehman-brothers/comment-page-1/#comment-48 andysalo Mon, 04 May 2009 14:35:44 +0000 http://andysalo.com/?p=121#comment-48 Hi Lawrence, I don't work for Lehman and I didn't know the overleverage was 44:1. Wow. Good luck with your book. Andy Hi Lawrence,

I don’t work for Lehman and I didn’t know the overleverage was 44:1. Wow. Good luck with your book.

Andy

]]> By: lawrencegmcdonald http://www.andysalo.com/2009/05/04/why-we-are-in-this-mess-lehman-brothers/comment-page-1/#comment-47 lawrencegmcdonald Mon, 04 May 2009 08:18:18 +0000 http://andysalo.com/?p=121#comment-47 Hey, your article was interesting, especially for me. Did you work at the firm? I used to be a VP in the distressed side of things. Basically a vulture. Did you they were actually levered 44:1 in the end. $15 billion of equity, $660 billion of debt. Hey, your article was interesting, especially for me. Did you work at the firm? I used to be a VP in the distressed side of things. Basically a vulture. Did you they were actually levered 44:1 in the end. $15 billion of equity, $660 billion of debt.

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