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Thursday, June 25, 2009 6:54:20 PM
http://tinyurl.com/n5z789
(excerpt for the Lehman portion)
"Bernanke's voice during his testimony was shakey at times. I wish lying experts could have weighed in on his eye shifts and voice warbles; the same for Lewis's testimony. Bernake also maintained that the Fed and Treasury "did all we could legally do" to save Lehman Brothers, but "there were just no takers" for an acquisition there, nor any TARP money yet. We all know of the fierce competition between Paulson at Goldman Sachs and Lehman Brothers; many people have claimed that is essentially why Lehman was allowed to fail."
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