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 […]

As Bear Stearns went belly up, Lehman was following close …
but saved themselves due to a “better than expected” Q1 report …
Now … pressure mounts again … and this time … we don’t talk rumours … we talk alleged facts.
Have a look on the speech by downloading it below:
David Einhorn speech … highlighting Lehman […]

GE … the once great GE … in TROUBLE
Only 2 weeks ago they reiterated their guidance …
Now they “found out” …
“After the Bear Stearns event, we experienced an extraordinary disruption in our ability to complete asset sales and incurred marks of impairments, and this was something that we clearly didn’t see until the end […]

Ahhhhh
After seeing Jamie Dimon yesterday explaining, how difficult and risky it was to buy Bear Stearns …
I now … after reading JPM’s latest announcement … exactly know, how he feels …
It seems, that it would be risky for JPMorgan not to complete the deal
Juicy juicy … they think … let’s see, […]

and how you could read it
We learn again, that it is not the news, but the expectations around it what makes markets move.
Means … if you expect the world to end … everything less is positive.
Today’s news was taken again positive as markets rebalance after the huge March expiration and ahead of the […]

Joke of the month …
Today …
UBS cuts Bear Stearns price target to 2$ from 94$ …
SHAME ON THEM …

After the quick disappearance of Bear Stearns … 2(!) $/share … WOW
Now market rumours concentrate on Lehman Bros.
Today’s news is that Southeast Asias biggest bank, DBS sent internal mails to its traders, asking them NOT to enter into new trades with Lehman.
AUTSCH!!!
In the early morning, financials get hammered so far …
BSC trading around […]

Another piece out of the never ending series …
STUPIDITY RULES!!!
Here we go …
Brainless rating agency S&P, just a day after wanting us to believe their unbelievable story that we could see the end of the tunnel.
The light they say was a bullet train
Bear Stearns had a confidence crisis and the FED stepped in […]