...in december 2007 we had the NETBANK DISASTER... consequence: it was a very big deal for a few specialists....in a few days! ! ! + 3000 % = 0,002$ to 0,06$ equal chances for Lehman? Y M Lehman Brothers (meantime the Netbank shares are cancelled) it´s very difficult to find the old Netbank-Chart : here it is: http://www.ariva.de/chart/images/bigchart.m?zeitraum=5&clean_...
Top 5 Companies by Largest 1-Year Stock Price Decline
After a brief, one-day rally in the financial sector following the Fannie Mae (FNM) and Freddie Mac (FRE) bailout on Sunday, companies such as Lehman Brothers (LEH) and Washington Mutual (WM) have lost over 47% and 57% of their market value, respectively, compared to a 5% loss in the Financial Sector SPDR (XLF) over the last five trading days. In contrast, the UltraShort Financials ProShares ETF (SKF) is up 6% in this ti
A government takeover of Fannie Mae (FNM) and Freddie Mac (FRE) could be announced as early as today, with shareholders facing the grim prospect of having their equity completely erased along with other major executive changes at the companies in a move to stabilize the mortgage market.
Shares of smokeless tobacco company UST surged 25% on Friday on word that Altria (MO) will buy its smaller rival for $10 billion with a deal expected as early as tomorrow morning.
Japan-based Nomura Holdings may consider a strategic
When considering if financial stocks have hit bottom first consider this research piece by Bridgewater , the worlds 2nd largest hedge fund. It doesn't bode well for LEH, the financial industry, the US Dollar, or the US economy in general. This is no time to be taking speculative positions in securities that neither you or I have the ability to analyze completely enough to make a sophisticated investment decision. In markets like these you are far better off protecting your capital than trying to catch falling knives.
Watch for a bounce... there may be the possibility of another major bank failure, although it will not likely occur until after the discount window becomes more limited. The discount window was recently extended til Jan'09, opening the lifeline for investment banks.
Today the Dow Jones Industrial Average bounced back from yesterday's poor showing. It ended the trading day at 11,397.56, that's plus 266.48(+2.39%) returning more than it had lost only 24 hours ago.
There are plenty of prognosticators explaining why this happened and so I am not going to join the crowd this afternoon with my own version. Leave it to say we are i
Today the Dow Jones Industrial Average bounced back from yesterday's poor showing. It ended the trading day at 11,397.56, that's plus 266.48(+2.39%) returning more than it had lost only 24 hours ago.
There are plenty of prognosticators explaining why this happened and so I am not going to join the crowd this afternoon with my own version. Leave it to say we are i
Lehman will continue to dilute the current equity investors with new equity offerings. Their exposure to sub-prime pales in comparison to their CDS exposure.
What is the market telling us about the outlook for Lehman Brothers (LEH)?
On the credit markets, the company’s CDS spreads for its senior debt was trading last week at around 400 bps, very close to the peak reached during the Bear Stearns (BSC) crisis and trending higher. This is indicative of “stress,” although not yet of extreme distress (i.e., elevated likelihood of default). Clearly, if it were not for Lehman’s access to the Fed’s discount window, these spreads would have been much wider, or, quite possibly, LEH could have failed by now.
A management would be too costly to be feasible, Sanford Bernstein analyst Brad Hintz wrote on Wednesday in a research note.
Suggestions that Lehman's management team might take the struggling bank private have been circulating in the last few days and Tuesday, drove its stock price up 6.6 percent to $13.22.
In the note, Hintz dismissed the idea on the basis that the costs would be too high.
Hintz, a former chief financial officer at Lehman, said that assuming the buyout is at a 30 percent premium to the current price, the bank's leverage ratio would rise sharply, reigniti
Lehman Brothers (LEH) is getting trounced once again this morning by almost 20% because of those pesky Level 3 assets rearing their ugly heads again. The company said that its Level 3 assets made up a larger percentage of its total as of May 31 of about 6.5%, up from 6.1% seven months ago. These [...]
Still calling a bottom?
- Lehman is going bankrupt and Merrill's going to be sold. Do people still think that you should be dipping your toes in financials?
99.56% Gain. What a Meltdown
- I closed out my short position on LEH from $47. April 2008 this morning for a 99.56% gain. Yes, indeed, LEH had a few more surprises in its closet of h...
And so it begins- CDS chickens come home to Roost
- As Jim Cramer would say Booya....or is it Boohoo? Really Jimbob, that was one of the worst calls of all time. Things aren't as bad as the seem they a...
99.56% Gain. What a Meltdown
- I closed out my short position on LEH from $47. April 2008 this morning for a 99.56% gain. Yes, indeed, LEH had a few more surprises in its closet of h...
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Top 5 Companies by Largest 1-Year Stock Price Decline 
After the market closed last night, with the 
Today the 
