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Congratulations to flytiger - you've worked hard on this issue even when S&P was over 1500 and everyone laughed at you. Now they are all a lot poorer and wish they had listened to you all along.

Here is the video of the interview: http://finance.yahoo.com/tech-ticker/article/56994/Top-Economist-Americans-Should-Worry-About-Bank-Deposits-if-Congress-Doesn%27t-Act?tickers=LEH,MER,BAC,AIG,WM,^DJI,^GSPC

Post your fucking sources and stop spreading rumors.

Let say the Korean Development Bank offered LEH $16 a share last week. Why didn't LEH call them up on Friday after the close and ask for $6/share? A bankrupcy filing totally fucks over every employee and executive with shares in the company including Fuld - who will now get shit for his...

This is some weird shit that keeps getting weirder. Now BAC is buying MER for $30 yet it saw absolutely no value in LEH. LEH wasn't even trying to sell itself whole until a few days ago. I'm sure it has some assets that are valuable like Neuberger Berman and its office buildings that...

Yeah but no bank has walked away from trading with Lehman and no bank has indicated that it would walk away. And there hasn't been a run on the bank either - although there probably will be now that they have indicated that they will file bankruptcy. I understand the point about the...

Same thing with the sale, why did the Gummint insist on a sale this weekend before asian markets opened? Unlike BSC, LEH wasn't facing a bank run and other banks never walked away from trading with them, and the discount window was always there. It doesn't make sense. If LEH goes...

Why must LEH file bankruptcy tonite? Is a bank run underway? Have creditors pulled their credit lines? What is the hurry?

I am long LEH shares and options. My position is small as is my risk. There is no way in hell that the bid for LEH is below the current price of 3.62 and there is no way LEH is going to 0.

I don't think a 13d filing should hold any suitor back from buying shares at market. There is no way LEH will sell for less than 6 so why not buy all the shares you can below that.

I think any bid for LEH would have to be greater than $10 to have a bullish market impact - since that's how much BSC got sold for. I think BSC got sold for about 2-3 billion. And LEH at 10 would be a 6-7 billion sale price. Jamie Dimon has already stated that JPM got a great deal on BSC...

If a suitor wants to bid $10 for LEH then why not just buy 25% of the company in the open market at below $5? There is a ton of liquidity for anyone that wants to buy millions of shares. Same thing with WM - these are penny stocks now in which 50% of the float trades every single day.

Physicist gone wild: <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/j50ZssEojtM&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/j50ZssEojtM&hl=en&fs=1" type="application/x-shockwave-flash"...

Wear some contacts or get Lasik - no better way to serve the country for the time being.

I think if we could trade a product that almost exactly tracked the VIX - that would be awesome. What I don't like about VIX futures is (1) there is almost zero interest in the product if you look at volume (2) expires every single month which makes it harder to build a longer term position...

1 Sarah Palin isn't a CFR member. 2 I doubt she has been vetted by the NWO crowd. These 2 facts alone forecast a 100% change of a landslide loss for McCain. The voting machines are being rigged as we speak.

I'd like to add volatility trading as a strategy of mine because its the only market that I'm aware of that is truly mean reverting. I usually only trend trade stocks because - because trading mean reversion in stocks is half as profitable and twice as hard as trend trading. I was...

This move is nuts. This market has decoupled from equities and commodities. Its moving on CB buying and technicals.

I want to know how I can use options to trade volatility. I can obviously just trade VIX futures directly. But is there a way for me to isolate volatility when trading options. Please explain or post a link - thanks.

Okay fuk it just fuk it. Lets be honest now. There is no such thing as "uncorrelated" in the markets so forget the "diversification" myth - just make sure you know what the fuk you're doing before you put on a position and especially if its a leverage position. But I still stand by my...