No one suggested Lehman deserved to be saved. But the argument has been made that the crisis might have been less severe if it had been saved, because Lehman's failure created remarkable uncertainty in the market as investors became confused about the role of the government and whether it was picking winners and losers.
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About Andrew Ross Sorkin
Andrew Ross Sorkin was a contemporary American journalist and author. Andrew Ross Sorkin is an American journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. Read more on Wikipedia →