Sen. Gillibrand: ‘Lehman Sisters’ Might Not Have Caused Financial Collapse

Article here. Excerpt:

'New York Democratic Senator Kirsten Gillibrand asserted at a Tuesday conference that if women ran Lehman Brothers, then they might not have caused a financial collapse.

During a Center for American Progress conference, Gillibrand intended to talk about the importance of women but instead ended up tacitly blaming men for the 2008 recession.

“If it wasn’t Lehman Brothers but Lehman Sisters we might not have had the financial collapse,” she asserted.'

Like0 Dislike0


Please do some homework before blathering off. Collateralized Debt Obligations (CDOs) required underlying CDSs (Credit Default Swaps) to be what they were. The CDS was invented by a woman:

Arguably then Kirsten, had Big Finance NOT allowed women into its ranks, the crisis may never have happened.

Like2 Dislike0