Good article about Lehman. After the collapse, I learned of the Alabama origins of Lehman Brothers and its history. The first location was in Montgomery until 1868 then in New York, where the company was headquartered until its 2008 bankruptcy.
Why is cutting or trimming defense spending off the table? Cutting funding for veterans is on the table. Peace is cheaper than war yet we seem to have unlimited funds for war, bombs, tanks, jets, drones, interfering in the politics of other nations, and being the world police.
So many things to list... let's start with the carried interest loophole, revolving door between Wall Street and Washington, DC that screws most Americans, predatory banking as a business model, runaway executive pay, executive pay divorced from performance, and general unchecked greed. Summarize to say Wall Street would shame Satan.
Comments
Good article about Lehman. After the collapse, I learned of the Alabama origins of Lehman Brothers and its history. The first location was in Montgomery until 1868 then in New York, where the company was headquartered until its 2008 bankruptcy.
Post: Managing Investment Risk
Link to comment from February 28, 2026
Why is cutting or trimming defense spending off the table? Cutting funding for veterans is on the table. Peace is cheaper than war yet we seem to have unlimited funds for war, bombs, tanks, jets, drones, interfering in the politics of other nations, and being the world police.
Post: Talking Trillions
Link to comment from June 14, 2025
So many things to list... let's start with the carried interest loophole, revolving door between Wall Street and Washington, DC that screws most Americans, predatory banking as a business model, runaway executive pay, executive pay divorced from performance, and general unchecked greed. Summarize to say Wall Street would shame Satan.
Post: What aspect of Wall Street do you find most distasteful?
Link to comment from November 12, 2023