Lehman to be sold by the government.....

Discussion in 'Wall St. News' started by Red_Ink_inc, Sep 11, 2008.

  1. I hope you guys are just Kibitzing.

    Lehman just wrote down commercial real estate to .39 on the dollar - that's what i heard. What that means is, since these idiots always water at the same hole, all the rest will have huge write downs coming. They're all going lower without, at least for the time being, not having to worry about the Govt bailing them out.

    I just see Lehman as desparate it's like the fat sweaty girl with glasses at the dance. She's desparate to dance, but it just aint' happenin'.

    Lots of other ugly girls aren't sweating yet. Farther to fall. And they are all going to fall.
     
    #41     Sep 11, 2008
  2. so what do you guys think will happen to the lehman preferreds? similar to a cfc preferred price?
     
    #42     Sep 11, 2008
  3. Daal

    Daal

    Looks like the market is digesting the news. LEH is going up in frankfurt trading
     
    #43     Sep 12, 2008