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March 22, 2010

All Business: Lehman report vindicates short sellers

  • Who did in Lehman? Lehman, that's who. Lousy management. Misleading accounting. Faulty oversight. Just like the short sellers said all along.
  • By RACHEL BECK
    AP Business Writer

    NEW YORK — Remember when everybody blamed short sellers for the demise of Lehman Brothers?

    Short sellers were immoral. Their greed brought capitalism to its knees. What they were doing was downright un-American.


     
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