Lehman Emergency Weekend Meeting

Discussion in 'Trading' started by Digs, Jun 14, 2008.

  1. Digs


    Well with a conference call on Monday with the NEW CFO, this briefing cant be surprise good news, maybe its the kitchen sink of all losses.
  2. Isn't it funny how the market knows more about lehman than lehman knows about itself?

    Months ago the market was telling you lehman had issues all the while the 'executives' had no idea why the stock was falling? :p
  3. Maybe it will be announced that JPM is buying Bear Sterns... Err Lehman at $2 on Sunday followed by a .25% emergency rate cut in the discount rate.
  4. listed


    Well, I am friends with the erin the old CFO, she should never had been the CFO to begin with.

    LEH is in more trouble than what the street thinks.
  5. jazzsax


    short much?
  6. listed


    Me short? Just because I have been in some meetings that start off 'this information is not public' I won't short. LOL.
  7. jazzsax


    lol good job.
  8. allin


    I was short last week when it hit 34, and covered when it retreated down to 32 (probably should have held longer)

    I shorted it again Friday right before the close, we'll see how things pan out next week.
  9. I hope Goldman pushes it into bankruptcy!
  10. Digs


    Thats the best way to get their Assets, I mean their best people out of Lehman working at your firm, just after they have gone broke. Easier to negoitiate employment contracts.
    #10     Jun 14, 2008