Charlie Gasparino reports that seventeen former Lehman executives are likely to receive subpoenas, up from twelve, including Mark Walsh, the former head of commercial real estate operations. Judge Gasparino adds: no one has been convicted of anything and “since the Southern district is involved you can bet your bottom dollar the SEC is involved.”

Comments (20)

  1. Posted by guest | October 20, 2008 at 1:27 PM

    Onesies.

  2. Posted by guest | October 20, 2008 at 1:29 PM

    Too Gabagool. Didn’t read.

  3. Posted by guest | October 20, 2008 at 1:36 PM

    My bottom dollar is now my top dollar.

  4. Posted by guest | October 20, 2008 at 1:38 PM

    All traders ultimately get what they subconsciously want from life.

  5. Posted by guest | October 20, 2008 at 1:42 PM

    I am not comfortable with Gaspo referring to my bottom

  6. Posted by guest | October 20, 2008 at 1:45 PM

    Gasparino is my bottom bitch.

  7. Posted by guest | October 20, 2008 at 1:47 PM

    I cannot bet my bottom dollar because Dick Fuld stole it.

  8. Posted by guest | October 20, 2008 at 1:47 PM

    Freeze! Securities and Exchange Commission!
    http://upload.wikimedia.org/wikipedia/en/c/cd/FABF08.jpg

  9. Posted by guest | October 20, 2008 at 1:52 PM

    So SEC involvement guarantees no one gets in trouble?

  10. Posted by guest | October 20, 2008 at 1:57 PM

    excellent ed sekoyta ref @4.
    true, true.
    -retail

  11. Posted by guest | October 20, 2008 at 2:10 PM

    Criminalization of failure. We wonder why the credit markets are still f’d? Put some money out there, but if it doesn’t work out, here comes the supoena, the grand jury, the criminal record.
    I’d sit on my cash were I a CFO, thank you very much.

  12. Posted by guest | October 20, 2008 at 2:15 PM

    where are the subpoenas for AIG, FRE and FNM and BSC?

  13. Posted by guest | October 20, 2008 at 2:17 PM

    If you think this is ridiculous, just wait until the Obama-nation is upon us!

  14. Posted by guest | October 20, 2008 at 2:49 PM

    don’t seek refuge in the law. It’s a broken profession too.
    http://endofesq.com/?p=368

  15. Posted by guest | October 20, 2008 at 3:21 PM

    17 subpoenas according to Charlie? Just from Lehman? What about all the others?
    Wow, who did they piss off?

  16. Posted by guest | October 20, 2008 at 3:29 PM

    Duck Fuld………..the pendulum swings, you ignorant fuckin slut.You can run, but you can’t hide. The hounds are on to your scent………..

  17. Posted by guest | October 20, 2008 at 3:34 PM

    Shouldn’t there be hundreds of subpoenas?

  18. Posted by guest | October 20, 2008 at 3:35 PM

    Kudos to Bess for being able to cite Charlie G. as a source on this without a gripe or a joke, even after CNBC stole your shit last week. I knew there was a reason why i liked you so much.

  19. Posted by guest | October 20, 2008 at 3:37 PM

    Was that a dunkin donuts cup maria just flashed saying it was her hot tea?

  20. Posted by guest | October 20, 2008 at 7:49 PM

    In other news, the T-Booner, has just sued Lehman….
    http://thinkbillions.blogspot.com/

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