### Comment:
To be fair, they actually were the best. What got them was a liquidity problem when they couldn't service the debt they took on to get into the mortgage origination business, but their equity trading desks were pulling in ungodly amounts of money up until the very end, were talking hundreds of millions per week. Those guys singlehandedly kept the firm afloat for months past when it should have died.

### REPLY:
Lehman was unbelievably weighed down by toxic real estate crap with virtually no collateral, and they pushed their traders to take extraordinary amounts of risk. Lehman was never in Goldman’s league. I’m not sure where you’ve gotten this picture of them from. I assure you, if their business was as good as you seem to think, the Koreans, Mitsubishi, and BofA wouldn’t have all told them to fuck off.

### END.