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Re: cottonisking post# 111417

Friday, 09/13/2024 5:44:29 PM

Friday, September 13, 2024 5:44:29 PM

Post# of 116287

In years following the collapse, Fuld acknowledged the mistakes the bank made though he remained critical of the government for mandating that Lehman Brothers file for bankruptcy while bailing out others. In 2010, he told the Financial Crisis Inquiry Commission the bank had adequate capital reserves and a solid business at the time of its bankruptcy.
10
Richard Fuld. "Written Statement Of Richard S. Fuld, Jr. Before The Financial Crisis Inquiry Commission," Page 8.



https://www.investopedia.com/articles/economics/09/lehman-brothers-collapse.asp

Solid
Dictionary
Definitions from Oxford Languages · Learn more
adjective
1.
firm and stable in shape; not liquid or fluid.
"the stream was frozen solid"
Similar:
hard
rock-hard
rigid
firm
solidified
set
frozen
jellied
congealed
concrete
Opposite:
liquid
gaseous
2.
having three dimensions.
"a solid figure with six plane faces"
noun
a substance or object that is solid rather than liquid or fluid.

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