The financial crisis was produced by a complex set of circumstances, including a massive housing bubble, poor regulation and irresponsible lending on an epic scale. A handful of bankers became the public faces of the crisis, an…
Muriel “Mickie” Siebert, the grande dame of Wall Street, says that Lehman Brothers should never have collapsed, that government’s steps were a necessary evil and that there is a still a need for more regulation. She warns that left unregulated, the markets and the economy could still face turmoil ahead.
Continue reading On the Anniversary of Lehman’s Collapse, Muriel Siebert Warns of Danger Ahead
On the Anniversary of Lehman’s Collapse, Muriel Siebert Warns of Danger Ahead originally appeared on DailyFinance on Wed, 15 Sep 2010 07:00:00.
This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider’s look at the fate…