What Does Lehman Brothers, Journalism and PR Have To Do With Finance?
In a September 10, 2008 investor conference call, Ian Lowitt, Lehman Brother’s CFO, set forth a strategy to investors that he, along with other Lehman executives, believed would save the firm. During that call, Mr. Lowitt stated among the detail of the plan the following statement: “And even under the scenario of limited debt-issuing capacity in 2009,…