Dumbest Bank Move -2008

All over the world, bankers have made poor decisions. Nevertheless, the NY Times has identified the dumbest banking move of 2008.

The Money Quote: "a government-owned German lender gave Lehman Brothers what might be called a parting shot in the arm, transferring 300 million euros to the investment bank on the same day it filed for bankruptcy." Source:

http://www.nytimes.com/2008/09/19/business/worldbusiness/19kfw.html?_r=1&adxnnl=1&oref=login&ref=business&adxnnlx=1221851290-iy+1BHW866974hcONMdeYA