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re: Lehman Watch Thread

Posted on 8/22/08 at 10:36 am to
Posted by skc4lsu
Member since Oct 2005
2571 posts
Posted on 8/22/08 at 10:36 am to
Not that I can shed any light on the economics of the Lehman Brothers situation, but FWIW I am employed by Lehman in one of their subsidaries and I am being layed off next week. It literally came out of no where about two and a half weeks ago. The whole mortgage lending crisis did them in.
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 8/22/08 at 10:46 am to
quote:

It literally came out of no where about two and a half weeks ago

No it didn't. I could have told you, you were at risk
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