Chavez was happy to hear that Lehman Brother's has gone kaput. He said they should have been looking out for themselves instead of putting out negative reports about Venezuela.
Maybe Chavez should have checked with his personal wealth manager to find out if the Lehman demise would affect his portfolio. According to the Wall Street Journal, Venezuela stands to lose about $300 million in debt instruments that Lehman had agreed to cash. Oops.
Sure, it's not billions, but it's not chump change either.
It's just funny that Chavez ridicules Lehman, but forgets he has business dealings with them.