A December 8, 2011 Yahoo finance blog explores what has changed since the failure of investment banking firms Bear Stearns and Lehman Brothers as well as government sponsored enterprises (GSE)Fannie Mae and Freddie Mac. According to the article, the problems that caused the failures and the corresponding financial market meltdown still exist and in some instances, may be worse.
The full blog may be found here.
The attorneys at Colling Gilbert Wright & Carter have filed and litigated dozens of FINRA arbitration claims to recover losses on behalf of investors who invested in the common stock and debt securities of financial service companies that failed in 2008. If you have lost money on an investment in Bear Stearns, Lehman Brothers, Fannie Mae or Freddie Mac, pleas contact our office for a free case evaluation. Thank you.