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re: Lehman Watch Thread

Posted on 9/12/08 at 5:01 pm to
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 9/12/08 at 5:01 pm to
quote:


But he didn't say it himself?

no but i thought it was relevant to this thread.
quote:

There's no way Lehman Brothers should get anything close to as favorable of a deal as Bear Stearns did.

Oh, I agree. Traders have had 6 months to hedge or unwind trades with LEH. Everyone with a half a brain knew they were close to being dead after bear failed.

I don't mind the gov't making calls to help them out, but I don't want a subsidy like JPM got.

ETA: and my opinion counts for something!
This post was edited on 9/12/08 at 5:02 pm
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 9/12/08 at 5:25 pm to
quote:

ETA: and my opinion counts for something!


It will soon. I've just called for an Illuminati application form to be sent to you in the mail, and yeah, we already know your address.
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