Lehman doing the “Bear” …
Even if this firm is NOT a desaster … its communication is one …
And as they seemingly neither learn nor are good enough …
Darwin says … endangered species … survival questionable …
Last example … TODAY …
WSJ reported, that “sources” say, Lehman is going to increase their capital by around 4 bln$ as they need to …
Stock goes down 3% … then a Lehman “source” said …
“We don’t need the money” … but mentions, if the market wanted it … then YES … RIDICULOUS …
Stock jumped into positive territory … but sold off around 13% as a Lehman spokeswoman declined to comment … STUPID
Market rumours flying around, that Lehman wil have to use the FED window …
THEN … Lehman says … We have sufficient capital (as BSC?
) … and they did not use the FED window.
Stock jumped to around only 6% down … then resumed downtrend … at the moment off 9% …
So … boys … LEARN YOUR STUFF or go out of business
Bad communication leads to bankruptcy … ask Bear Stearns …
Only “positive” thing for them … the FED window is open … it came to late for Bear Stearns though …
Tags: Bear Stearns, FED, Lehman, stupidity
