Leh

most of you shorters cover early this morning?

 

absolutely not. I'm holding out for the death knell.

 

hehe

 

OLA down she goes!!

 

So they have ample Liquidity ("30 billion of cash and $64 billion in assets that could easily be turned into cash") and access to the FEDs facility. Yet raise $3bn.

Everything's tip-top then.

 

Its good to see Maria "AOL is on Fiyah!" B. to chime in on CNBC's Fast Money to say its a good sign that there were buyers on the convertible LEH is floating. Of course they said I believe last week they didn't need money and everything was fine. I think I've seen this movie before.

 

Conveniently raised after earnings and options expiry. What are they gonna do with all that money?

 

Here is the article about the 3 billion.

http://biz.yahoo.com/rb/080331/lehman_capital.html?.v=3

 

Tell ya what.

I bet 90% of you faceless fearmongers are bankrupted long before LEH folds its tent.

I give you odds too.

 

so, you think this is good news?