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10 yrs of Lehman collapse: How a crisis snowballed into a global meltdown

India’s Business Standard should know the real reason Lehman died – India Inc conshop Wipro took over and threw all the Americans who knew how to run the company out in the streets and replaced them with legions of Indians who were clueless.

India Inc outsourcing killed Lehman, nothing else.

In fact, Lehman terminated its deal with Wipro, once its managers realized their mistake, but it was too late. Remittance-hungry looters from the snake-charming nation of India had looted the company into the ground, and it couldn’t be saved.