Lehman failure dogs Evergreen Solar - The Boston Globe

This Boston Globe article about the reverberations of the bankruptcy of Lehman Brothers mostly connects to the primary topic of this blog because of the role Jewish Zionist Neoconservatives played in hyping the coming boom from the privatization of Iraqi assets with the indirect effect of giving too many people in the finance industry the opportunity to convince themselves that subprime mortgage based CDOs had the potential returns of junk bonds with none of the risks.

The last name of Evergreen Solar's CFO is el-Hillow, which is a fairly common Boston Lebanese name.

While oil prices were in the $140/barrel range, Evergreen Solar's future looked bright, but nowadays this article serves as a warning of the pitfalls of raising money via a combination of lending stock for short selling and of issuing convertible bonds.

The article is quite clear and can serve as a starting point for understanding the current turmoil in the US finance industry.

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