LEH would be bailed out at 3.50/share

[wilburbear]

Slightly more than BSC, you have to add in extra for LEH's substantial non-U.S. assets.

LEH attempting to support the stock by pumping it in the media - same as BSC.

http://www.nytimes.com/2008/03/18/b...42&ei=5088&partner=rssnyt&emc=rss&oref=slogin

 

[pumpanddumper]

Wonder how many shorts betting on a BSC debacle just got fucked and margin called.

 

[Daal]

maybe you havent read the news latetly, LEH has access to the printing press now, they can just pony up securities on the window and get liquidity, bear didnt had that. the level 3 assets thing, some of them are hedged and the ones that arent the losses are already reflected on the share price thats is very low right now