Heads up on LEH!

Quote from wilburbear:

LEH makes a big deal out of buying their own stock at 32-33 last week. And now they sell their own stock at 28 to raise capital. It's the inverse arbitrage!
More...

:D :p
 
LEH is still falling. Something else stinks.

Even with rumours of a fed bailout and the big write down of their CDOs, how could the stock still be falling. It's backed by the Fed more or less.
 
Quote from mokwit:

The same SEC that was going after the "shorts" is now nowhere to be found.
More...

The SEC IG is investigating the SEC on how they did (not) investigate the shorts.

That's public information.
 
Quote from The Kin:

LEH is still falling. Something else stinks.

Even with rumours of a fed bailout and the big write down of their CDOs, how could the stock still be falling. It's backed by the Fed more or less.
More...

It is not backed by the Fed. The window has closed with Bear. What's your factual support for this statement?
 
I think LEH is in a lot of trouble. I don’t see why a bigger broker or bank would buy them either. Would the fed let them go belly up?
 
You must log in or register to reply here.
Back
Top