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Lehman reports record loss

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Lehman reports record loss [#permalink] New post 09 Jun 2008, 06:51
http://www.ft.com/cms/s/a0c4461e-3617-1 ... e%2Feurope

LEH is trading around 28.8, falling 10.8% from the 32.29 close of friday,

Will it be the next Bear Stearns?
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Re: Lehman reports record loss [#permalink] New post 09 Jun 2008, 14:11
kwam wrote:
http://www.ft.com/cms/s/a0c4461e-3617-11dd-8bb8-0000779fd2ac,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fa0c4461e-3617-11dd-8bb8-0000779fd2ac.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fhome%2Feurope

LEH is trading around 28.8, falling 10.8% from the 32.29 close of friday,

Will it be the next Bear Stearns?


i bought some LEH today.
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Re: Lehman reports record loss [#permalink] New post 09 Jun 2008, 15:26
kwam wrote:
http://www.ft.com/cms/s/a0c4461e-3617-11dd-8bb8-0000779fd2ac,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fa0c4461e-3617-11dd-8bb8-0000779fd2ac.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fhome%2Feurope

LEH is trading around 28.8, falling 10.8% from the 32.29 close of friday,

Will it be the next Bear Stearns?


I say "no" because they have been delevering for some time now, so investors can't make a run on them like they did on Bear. In addition to the deleveraging, $6B in capital will be a nice shot of liquidity. Of course, I base my assumption that the worst is behind us; otherwise, this credit cycle could outlast Lehman's $6B--andother financial institutions for that matter.
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Re: Lehman reports record loss [#permalink] New post 09 Jun 2008, 16:20
djhouse81 wrote:
kwam wrote:
http://www.ft.com/cms/s/a0c4461e-3617-11dd-8bb8-0000779fd2ac,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fa0c4461e-3617-11dd-8bb8-0000779fd2ac.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fhome%2Feurope

LEH is trading around 28.8, falling 10.8% from the 32.29 close of friday,

Will it be the next Bear Stearns?


I say "no" because they have been delevering for some time now, so investors can't make a run on them like they did on Bear. In addition to the deleveraging, $6B in capital will be a nice shot of liquidity. Of course, I base my assumption that the worst is behind us; otherwise, this credit cycle could outlast Lehman's $6B--andother financial institutions for that matter.


well, i don't agree at all with the notion that the worst is behind us. but, that's what makes a market!
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Re: Lehman reports record loss [#permalink] New post 10 Jun 2008, 06:11
I still see some dark clouds ahead too...
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Re: Lehman reports record loss [#permalink] New post 10 Jun 2008, 09:10
looks like i bit a little too early on LEH!
Re: Lehman reports record loss   [#permalink] 10 Jun 2008, 09:10
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