Footage on CNBC

Who are all the people in shorts carrying boxes on CNBC right now? Are those LEH folks cleaning out their desks?

 

What do you think?

 

I really have no idea-- I just switched over from the Steelers game ( much more important than LEH employees!) on the commercial

 

Someone should open up a soupkitchen so it gets coverage on CNBC


-800 points dow!

 

Bac has agreed to by Merrill Lynch. This has something to do with LEH. Obviously, BAC and all the other banks felt LEH could not be saved, the government was not going to step in. And in a more free market, it will be suvival of the fittest. Personally, I doubt if the is long term good news for financials although some will try to spin it that way.

 

Does anyone feel sorry for these LEH employees? Most of them are the biggest pricks on the Street.

 

not really-- i feel bad for the back office people. the brokers and ibankers can go screw themselves.

 

will they get a redundancy payout?

 

seems its tourists!

http://www.reuters.com/article/bondsNews/idUSN1430134020080914?sp=true

 

what i learned from that article-- GO LONG SBUX!!!!!1!!