Lehman Investigator: SEC Failed to Ask Crucial Questions

Tiernan Ray Barrons.com 4/20/2010

The man of the hour is Anton Valukas, the bankruptcy investigator into Lehman Brothers’s collapse.

The public’s trust, Valukas tells the House Financial Services Committee, in the Securities & Exchange Commission’s regulation of Lehman was not fulfilled.

The SEC knew that Lehman was failing its own risk limits in 2008, but […]