Weekend = Lehman becomes CHINESE? Who’s next?

Lehman seemingly will be sold over the weekend … market cap is down to around 2,5bln$

It will be extremely interesting, who will snap them up … the list of buyers is not as short as everybody thinks …

This time … we were told today … from the “everchanging-the-rules” FED

WITHOUT financial help of the Government (read: taxpayer)

Reasons for that … market had time to PREPARE for that … LISTEN UP!

The real reason is … even Hank runs out of money … and as the “victim-list” GROWS … he at least should TRY, not to help

So … the list of buyers contains some surprise names … The rumoured “undertaker” is BoA … but as well we hear, that Barclays, HSBC and even JC Flowers with the help of the Chinese SWF is among the possible suitors.

Let’s see …

BUT …

Don’t even think, that after the Lehman deal, the bottom could be in …

WHY???

The next POSSIBLE victims are clearly to see …

AIG, the biggest insurance company of this tiny planet … the stock lost more than 30% today … AGAIN !!!

Suitor could be Warren Buffett … market cap is down to 32bln $ … WOW

WaMu, the largest thrift in the U.S. is as well in play … rumoured buyer is JPMorgan …

So MAKE FRIENDS with the BEARS … they will stay around

Tags: AIG, FED, JPMorgan, Lehman, WaMu, Warren Buffett

This entry was posted on Freitag, September 12th, 2008 at 21:36 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.