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Why Lehman is going to fail

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Linky

 

Then there's the exposure all of them have: problems with collateralized loan obligations, leveraged buyouts and mortgage-related securities. But Lehman, with its 158-year-old name and prestigious history, insisted it was only minimally exposed to this kind of stuff. Turns out it wasn't. As a result, it's now engulfed in problems: big losses; messy public demotions of its chief operating and chief financial officers; battles with short-sellers, who are betting that Lehman's share price, down about 70 percent on the year, will decline further; rumors (which we consider unfounded) that it will pull a financial el-foldo the way the late Bear Stearns did.

 

Even if you're fortunate enough not to be a Lehman shareholder, you have a big stake in this game. Lehman's travails have roiled the world's financial markets, and that market malaise is breaking down the economy. How has Lehman come to the point where many people mention it in the same breath as Bear Stearns? Read on, and we'll tell you Lehman's true history -- and how management miscues, combined with historical forces outside Lehman's control, have put the firm in a world of hurt. We'll also tell you how we think the Lehman drama will play out.

 

It's a decent read on how badly Lehman gambled and lost. The article does not even touch their off-books stuff, but does manage to highlight the stuff that was actualyl evident about 6 months ago.....better late than never I guess :bandana:

 

Understanding why Lehman is in peril and will likely be bought up, and this would not be the first time, could help you find that next few failures well before they transpire. Just as important would be to watch them ad how they move their assets, which Lehman has been doing at an increasingly feverish pace of late.

 

Yes, I told you this would happen, and here it is. Soon, my personal stalker and troll strike will come along and blithely try to say anything she can think of to oppose this, but the numbers dont lie..do they.... :wub: :first:

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Strike is MY stalker...You go get your own :first:

 

:bandana: You can't really choose your own stalker or family....

 

Just start posting a bunch of facts, he cannot stand that... :wub:

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:first: You can't really choose your own stalker or family....

 

Just start posting a bunch of facts, he cannot stand that... :wub:

 

LOL. Like how mortgage rates ALWAYS rise when the fed makes a rate cut? I'm still waiting for you to explain my 4.875% loan. How come you CAN'T do that? :bandana:

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You have chosen to ignore all posts from: SUXBNME.

 

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:bandana:

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I want to be someone's stalker...but im too lazy. is there such a thing as a stalker that dosent stalk? :headbanger:

I post about once every other week. If you want to stalk me you would not have to do much.

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Looks like people are catching on to their seedy dealings designed to hide their true position..... :thumbsdown:

Hopefully, they can gather enough evidence to prosecute these clowns once it all becomes public.... :overhead:

 

RINK

 

So let's say you're a big shot at Lehman Brothers Holdings Inc., trying to keep your firm from becoming the next Bear Stearns Cos. The stock has tanked. The market has doubts about your balance sheet. What do you do?

 

One step to avoid would be any action that might create needless public uncertainty about your company's finances, because investors' greatest fear is of the unknown.

 

So what does Lehman do? It sells billions of dollars of assets to a newly formed hedge fund that:

 

1. Counts Lehman as a significant investor;

 

2. Is run by seven recently departed Lehman executives;

 

3. Is operating out of Lehman's office space, three floors down from the office of Lehman's corporate secretary.

 

You don't need to know much more about Lehman's transactions with the fund, R3 Capital Partners, to see the problem.

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Because that belly putter is for hacks.

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Lehman Brothers Holdings Inc., once the largest U.S. underwriter of mortgage-backed bonds, fell to an eight-year low in New York trading as home-loan financing companies Fannie Mae and Freddie Mac extended yesterday's drop.

 

Lehman Shares Sink as Fannie, Freddie Plunge Further

 

Just a heads up, there is stll time to dump this worthless stock before it drops below $10, but only a little time. If you sold back in the spring when I told you this company was done then kudos to you. :dunno:

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Agreed. He hasn't been the same since winning the British Open and Tour Championship back in 96.

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Lehman Shares Sink as Fannie, Freddie Plunge Further

 

Just a heads up, there is stll time to dump this worthless stock before it drops below $10, but only a little time. If you sold back in the spring when I told you this company was done then kudos to you. :Mr-T:

 

 

for what it's worth...I had them when they split back in '04 (?) at around $110 a share....split happened and then went to $86 a share, where I eventually sold, really for no reason at all.

 

 

Lehman made me A LOT of green.

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for what it's worth...I had them when they split back in '04 (?) at around $110 a share....split happened and then went to $86 a share, where I eventually sold, really for no reason at all.

Lehman made me A LOT of green.

 

:Mr-T:

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