Was the collapse of Lehman Brothers a colossal failure of common sense?

Was the collapse of Lehman Brothers a colossal failure of common sense?
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1 Answer

Answer :

answer:Lehman was like the other mortgage investment companies that failed. They bought up a lot of poor risk mortgages. On Sunday afternoons, love to drive around and look at homes! It just blew me away to see so many young people with small children with the huge homes…now, we know why!
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