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Legal Commentary

: Economics of Contempt

Hall of Shame: Analysts Who Were Wrong About Lehman

By Anonymous

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Some more of my favorite documents from the Lehman Examiner's Report. This time, analysts who were wrong about Lehman ? some spectacularly so. It's hard to top the Buckingham Research Group note, but Morgan Stanley, Citi, and (of course) Moody's give them a run for their money.
Buckingham Research Group - Lehman Brothers: Rating Agency Risk Too High (Sept. 11, 2008)

Morgan Stanley - Lehman Brothers: Bruised, Not Broken ? And Poised for Profitability (June 30, 2008)

Citi - Lehman: Upgrading to Buy; Reality Will Trump Fear (Mar. 28, 2008)

Moody's - Liquidity Risk Assessment: Lehman Brothers Holdings, Inc. (April 15, 2008)

Full post as published by Economics of Contempt on August 03, 2010 (boomark / email).

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