Fortune: How Lehman lost its way

From Fortune Magazine: How Lehman lost its way (hat tip crispy&cole Bakersfield Bubble) To understand what went wrong at Lehman Brothers, leave the canyons of Wall Street and head to the flatlands of Bakersfield, 120 miles northeast of Los Angeles.

That’s where you’ll find McAllister Ranch, envisioned as a 6,000-home, multibillion-dollar recreational community built around a Greg…
Original Source: feeds.feedburner.com

  2 July, 2008| housingblogs | @ 18:26

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