Media Vultures Feast On Lehman Brothers
No story about a bankrupt company is complete without the requisite "sad sack carries own crap out of office in boxes" shot, so of course every media outlet in the world was rolling tape or snapping pictures outside Lehman Brothers headquarters in New York Monday. TV reporters were doing their standups with the building in the background, so the average Joe watching at home would be able to say to his wife, "so that's where my securitized subprime mortgage is bundled with commercial-mortgage-backed securities into a mark-to-model collateralized debt obligation!" Over-extrapolating from the financial fortunes of others is precisely what got us into this mess in the first place but, but on the other hand you can't expect people not to stare at pictures of anyone potentially in the process of becoming a hobo. Watch the media watch the (maybe) new poors in the gallery after the jump.