Regarding the consultants:
Price Waterhouse Coopers (PWC = consultant), the administrator to Lehman's European
operation has demanded that the firm repay £4.4 billion that was transferred
from the UK to Lehman's US holding company just hours before the firm
collapsed. This left London with no money to pay staff.
That's what I would call excellent consulting advice...
Monday, September 22, 2008
The U.S. NEWS from a foreign perspective
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