My understanding is that Lehman was a large brokerage like Vanguard or Schwaab is today. If you had bought something like SPY or VOO through Lehman, would you have lost your money? Would it make a difference if it had been a Lehman branded index fund? I (obviously) don't have a good grasp of what it actually means to buy into a fund, and the role of the brokerage after you have done the trade.
Submitted July 05, 2023 at 02:10AM by Place-Wide https://ift.tt/nVMZbo0
