Lehman is history? … Fed looking for buyer?
Another one bites the dust … ???
Rumors fly as Lehman falls another 40% on WSJ article of higher losses …
CDS spreads for Lehman reaches the Bear Stearns k.o. level …
Rumors of today … this was the reason for the squeeze into the close …
- Lehman will be taken by Bank of America and losses backstopped by the FED as in the Bear Stearns case … could be as soon as tomorrow … but the weekend to be the more “natural” point of time
- FED will be in with an emergency rate cut tomorrow to hold the markets as more and more “Biggies” drop … AIG, Merill Lynch a.o.
- Goldman not interested in Lehman as they think, too many hidden nuclear waste could even k.o. them …
Whatever happens … the wheel starts turning faster and creates a huge problem for the manipulators …
but … at least they create a lot of uncertainty with their FED-move-rumors and the buying attacks of the PPT
Difficult times 
Tags: AIG, Bank of America, FED, Goldman, Lehman, manipulation, Merill Lynch, PPT
September 12th, 2008 at 08:55
i agree with you: cliffhanger in medium term,
but imo sp500 at 1200 is a crossroad, (bifurcation) in the short term,
with manipulation, bailout, rate cut, naked short stop & so on
the stock can bounce another time for one week-month-more?
like in april may in a nonsense rally.
dancing and jumping on the cliff?
no investigation from SEC or other regulator
about the monster insider trade of late friday?
i cant find one article on the press.
is the PPT the insider?
September 12th, 2008 at 09:46
really think a ratecut this friday?
0.25%?
0.5%?
really? would it near the japan scenario even more then?
they had deflation no?
September 12th, 2008 at 10:10
Bounce always possible … even close to likely
Only a rumor … re ratecut …
Today 11am London time rumor of a Lehman announcement …
All in all … Fed is playing offensive … Lehman seems to be sold … we will see …
September 12th, 2008 at 10:57
wow, thats a fast response
yes, close to 12 now…
norway korona dropping now
loads of deleveraging going on, still oslo stock up 3%…
September 12th, 2008 at 17:58
ppt boys and other crucks could loose their credibility this weekend…….
September 12th, 2008 at 18:01
i forgot do add…..
top presence, good and clear comments.
OLI FOR PRESIDENT
September 12th, 2008 at 20:44
i agree, very clear, short and consise
September 12th, 2008 at 20:56
@ ALL Thank you!!!