This Is Not 2008

If one more person writes or talks or blogs that nothing has changed since Lehman Brothers collapsed and that we are still in dangerous territory, I think I will scream. If one more person says we are still in a "too big to fail" scenario, I am tempted to want to rip their lungs out.

Five years ago, Lehman collapsed. I don't want to re-hash it. It was a mistake, there should have been something done by the feds, but things were happening with a level of speed that was hard to comprehend. Lehman was a real firm that had real shareholders and two real suitors, the Koreans and Barclays. It was run by someone who was trusted and tough. The books were opaque. It collapsed, another victim of the endless belief that housing could never go down in value....653 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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