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12 pts

Opinion on  Lehman Brothers Holdings Inc (LEH)     Sector: Financial  >  Industry: Investment Services
Fuld must go

Sep 11, 2008 12:04 PM GMT
Gekko
Return Risk
+6.39% HIGH
Sr. Associate

Recent News   Fundamental Analysis  

Lehman is a rathole. This will go down differently then Bear Stearns, but it will get uglier. This stock will rally once Dick Fuld is shown the door.


Update 09/12:

It looks like the government is involved in yet another bailout. I don't know when these will end, but as a taxpayer, I hope that it's soon. Lehman can't survive alone after all, no matter what lies Dick Fuld or his subordinates say. Having honest, shareholder-friendly management is really important. Unfortunately, it usually takes a fraud or a bankruptcy to recognize this. I like to think of the CEO of a company as my partner. If I can't trust him/her, then I shouldn't do business with them. I don't know how anybody can trust Dick Fuld after months of lies and obfuscations.


Update 09/15:

The New York Times is reporting that Lehman is going bankrupt. http://www.nytimes.com/2008/09/15/business/15lehman.html?_r=1...


LEH:  This call was made on 09/11/08 @ $4.47
Rating:   Negative   $4.47 (09/11/08)
Closed:   09/15/2008 @ $0.2169 (+95.15% in 4 days)
Target:   in One month


Comments (1)

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jyothis   N/A     0 point   commented 420 days ago reply

it was a shocking news..........even though we were waiting... let's see what will happen to AIG


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jyothis N/A 09/16/2008



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