4min chapter

The "What is Money?" Show cover image

Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)

The "What is Money?" Show

CHAPTER

Are Bearsterns and Leman Brothers Excessively Leveraged?

Was there a political game behind this? Like, why bearsterns and leman brothers were allowed to fail. Ben bernanke was concerned at the time that we need to nip this crisis in the bud. They weren't doing anything different than anybody else. Re we're excessively leveraged. Sod. Everybody was.

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