- Greenspan Concedes That the Fed Failed to Gauge the Bubble
- Rival warned regulators over Lehman
- JPMorgan also used accounting gimmick
- SEC welcomes Lehman report as ‘helpful’
- Lehman estate fight with Barclays escalates
- Speculators seen increasing Greek borrowing costs
- CFTC Gensler: Determined To Reform OTC Market
- Trichet backs tougher CDS regulation
- Palm Narrows Loss, but Phone Sales Drop Read the rest of this entry »
Tags: Accounting games, Alan Greenspan, Bankruptcy, CDS, Fed, Greece, Hedge funds, JP Morgan, Lehman Brothers, Merrill Lynch, Palm, SEC, Sovereign debt





Break out the popcorn and grab a front row seat, because we suspect that this show will probably have some fireworks: Ken Lewis testifies in D.C. tomorrow about how the Merrill Lynch deal went down. Turns out there’s email evidence that Ben Bernanke engaged in some arm twisting to get the deal done……. 


