Anyone paying attention to the collapse in LEH

Quote from mokwit:

Agree, perception is reality in markets, at least for a short while, and this is extreme with financials where it can becme a self fulfilling prophecy. Interesting there is no stock for borrow on LEH anywhere (?) - BSC was the same 2 days before it rolled over and died.

FWIW,

TOS has LEH listed as easy to borrow. Same for BSC . Not sure if that would be the case if you actually tried to short it, but thought I'd mention it.
 
Quote from thegazelle:

FWIW,

TOS has LEH listed as easy to borrow. Same for BSC . Not sure if that would be the case if you actually tried to short it, but thought I'd mention it.

No problem shorting LEH through TNT.
 
Damm, forgot about the tool analyst upgrade.

Anyone got the report - want to see his detailed dissection of the balance sheet, perish the thought that he just took the earnings press release at face value coz it suited his purpose better.
 
Quote from Rearden Metal:

C June $12.50 Puts: Although 47,000 were traded today, the open interest is still under 8,000. ...So it's probably meaningless.


Check your open interest again. Someone placed a massive bet on a fall of Citigroup.
 
LEH only up slightly after the upgrade this morning......

I think more writedowns and extreme problems yet to come, the bottom IS NOT IN yet on the financials....
 
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