Thinking of investing in finacial stocks. Consider Bil Gross's comments first. Bond manager Bill Gross wants to spread the bailout wealth. Gross says in a commentary posted on the Pimco Web site Thursday that the government must “open up the balance sheet of the U.S. Treasury” to support Fannie Mae ( FNM ), Freddie Mac ( FRE ) and, in a new twist, “Mom a...
Lehman Brothers, a big broker with big trouble. Everybody know Lehman's value shrunk considerably in the last year. Like most big financials Lehman lost some big value with thesub prime mess and other credit related structured products. They have used leverage and they are just understanding it. For Lehman Brothers the institution, this possible stock issue is good for the r...
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...
buy it
- Two days ago on CNBC a former exec was on the show discussing his new bank venture (trivial). At the end they asked if he still owned the stock and he
LEH is DONE.
- LEH - The best question is - why would anyone want to own ANY financial stock here? LEH is DONE. Fini as anything more than a stock we want to trade....
CFO was fall (wo)man
- the CFO Callan took the fall for something that she came to late and had significantly less responsibility for than many others in the company.
About Lehman Brothers Holdings Inc
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