Lehman Brothers to Sell Majority Stake

[Edible Napalm]

http://www.youtube.com/watch?v=H9LOYsYbkXY&feature=user
Lehman Brothers will sell a majority stake in its prized investment management business,and may consider selling the whole company.

[SOS]

They are splitting up the business by selling a majority stake in spinco while keeping cleanco.

[jackjack]

They've been trying to sell themselves for months, they just never agreed to any of the offers that, in hindsight, would have been a good thing.

[wes mantooth]

I guess lower oil and commodities haven't exactly turned things around. Everything keeps falling including gold. Deflation is a bitch. Hang onto your cash people.

[DanaReevesLungs]

I blame the Jews!




Wait, what?

[Edible Napalm]

http://www.youtube.com/watch?v=_Jk2PTV7ZKg&feature=user
Uncertainty over the future of Lehman Brothers and Washington Mutual led an anxious day on Wall Street Thursday as both financial institutions mull their options for survival.

[Edible Napalm]

http://www.youtube.com/watch?v=EJffQINjr9g&feature=user
Treasury Secretary Henry Paulson is against any use of government money to bail out Lehman Brothers Holdings Inc., a person familiar with his thinking said Friday.

[Jimmy's Dignity]

LEH closed at $3.45...time to buy!

[CousinDave]

Fucking Merrill Lynch has lost me $39k since December.

All I know is no matter who is President on Jan 20, 2009 things will be better than they are now, they'll just be a lot better if McCain is President and even if better if Bob Barr is President.

Fuck You George W Bush, it may not be your fault but you have failed when its comes to PR

Fuck You Harry Reid and Nancy Pelosi may muslims gang ****, torture for longer than John McCain was tortured, and behead you and all your loved ones and every other elected Democrat in the US Congress.

Fuck you Barack Obama may you go down in history as the fraud and loser that you are - you're still that skinny dopey half-rican that was ashamed his name. Oh and guess what you only got into Ivy league schools because you were half black, you were only made the editor of the Harvard Law Review because you're half black, and the only reason anybody paid any attention to you in politics is because you're half black, it has nothing to do with who you are as a person, you didn't make it on your own, you were judged on the color of your skin and not the content of your character.

[bethm1b]

I'd buy magic beans before I'd invest in the stock market, and I have a lot of friends in the business. It's so corrupt now that brokers dob't invest anymore.

[jackjack]

I'd buy magic beans before I'd invest in the stock market, and I have a lot of friends in the business. It's so corrupt now that brokers dob't invest anymore.

Who are the shitdicks that sold out the backbone of our countrys' economic wealth by turning the market into the old west? Hedge funds spend their days trying to rob from each other, and have been given the tools to do it by the elimination of the uptick rule on shorts and by being allowed to short without securing the stock to be bought back.
Who thinks these are good ideas? If there ever was a time for a conspiracy theory, this would be a good one.
I really think we might be living in a time that will be seen later as having the most corrupt government to date. I'd just like to know whose pockets are being lined, I can't believe the lawmakers give a shit about these lecherous fund managers. Their client list should be looked into, though.

[SaltyDelights]

There were reports that a Chinese firm might buy a majority stake.

My thought is they should sell it to an African firm and rename it, "Lehman Brothas"

Pease hode...

http://img.photobucket.com/albums/v420/SaltyDelights/610x.jpg