This morning's Post reports that former CEO Richard Fuld feels "vindicated" by the report, since Repo 105 is not illegal, but merely kind of skeazy. Others apparently feel the same way: "I'm like, whatever," a former managing director of Lehman London tells the Observer. "When I read this, I giggle a little bit, because $50 billion is a drop in the ocean."
Read more: Former Lehman Executives ‘Giggle’ at ‘Nonprofessionals’ Who Think Losing Billions of Dollars Is a Big Deal
Source: nymag.com
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