With LEH reporting tomorrow and GS, BSC on tap for next week, whats the call? Are these scumbags gonna take a hit or what?
Pull up your ten and twenty years. on the markets as well. we have a long long way down. The brokers can go all the way below 20 and 10 per share. Valuation can vanish when all of your assets are unpricable and when the shit really hits the fan they will never ever sell those assets or even try to make a price. So you can easily see these companies trading at a hair folocle of their book value.