Epstein Secrets

ng way toward becoming an ungovernable banana republic. ' EFTA00667297 Last Friday was the fourth anniversary of the day when the investment bank Lehman Brothers filed for bankruptcy protection. The filing was and remains the largest bankruptcy filing in U.S. history, with Lehman holding over $600 billion in

ts such as WorldCom and Enron. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide. The Dow Jones closed down just over 500 points (-4.4%) on September 15, 2008, at the time the largest drop by points in a single day since the days following the

uaranteed nearly $5 trillion in mortgages, into conservatorship after concluding that those institutions could not survive on their own.15 In 2008, Lehman Brothers, one of America's oldest banks, filed a bankruptcy petition and listed $613 billion in debt — the largest bankruptcy in American history as of the d

tgage Bust Goes Global, N.Y. TIMES, April 6, 2008, at B I; Landon Thomas, Jr., What's 834 Billion on Wall Street?, N.Y. TIMES, Jan. 27, 2008, at B1; Dow Jones, Factbat — Write-downs and Losses at Major Global Banks, Apr. 17, 2008; Nelson D. Schwartz, For Swiss Banks, An Uncomfortable Spotlight, N.Y. TIMES,

RSIGHT_013284 --- PAGE BREAK --- cancer. May William Cox Jr., 82. The patriarch of the Bancroft clan that for 105 years controlled New York-based Dow Jones & Co., publisher of the Wall Street Journal, who helped persuade the extended family to sell the company to Rupert Murdoch’s News Corp. in 2007. Died on Ma

anaging director at Cantor Fitzgerald, he worked at Wasserstein Perella & Co., where he advised clients to sell Enron prior to its collapse, and at Lehman Brothers, where he warned colleagues in 2007 that the bank had taken on “far, far too much risk” by betting on the U.S. housing market. Died of an aneurysm o