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Old 12 September 2008, 07:08 AM   #1
tszyu#1
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Lehman Bros.

Ouch! Is there a band aid emoticon? So many problems, the Fannie, Freddie, Washington Mutual situation didn't help, Korean Development Bank, huge bank in Korea was supposed to help them out with some of their debt, that deal has been stalled for over a month now. Now talks of a Bank of America or Goldman Sachs takeover (or takeunder). Buddy told me to buy @19, good thing I didn't listen, but I did buy at 7,7.50, 8.22 yesterday. Bought more in the low to mid 4's today. When Bear Stearns went through their problems, I gambled. The stock got crushed to 3 and change from 50 something. I bought 2000 @ 4. I sold the next day @ 7. That's what I'm looking for with LEH. Looking for a in the stock....soon

Last edited by tszyu#1; 12 September 2008 at 07:12 AM.. Reason: Wrong section-please move to Open Discussion
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Old 12 September 2008, 08:00 AM   #2
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I used to work there. They are a bunch of greedy, unethical sleezeballs. Your investment aside, it couldn't have happened to a more deserving group of people. The Fed isn't going to bail them out. They are circling the drain. Good riddance to bad rubbish.
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Old 12 September 2008, 08:07 AM   #3
tszyu#1
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Oh boy....down another dollar after hours.....what is that 90%for the past year?? Where's that dead cat bounce when I need it?
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Old 12 September 2008, 08:20 AM   #4
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They deserve what they get those greedy Whores!!!
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Old 12 September 2008, 08:37 AM   #5
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Quote:
Originally Posted by GoldenBear View Post
I used to work there. They are a bunch of greedy, unethical sleezeballs. Your investment aside, it couldn't have happened to a more deserving group of people. The Fed isn't going to bail them out. They are circling the drain. Good riddance to bad rubbish.
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Originally Posted by chicagowatchman View Post
They deserve what they get those greedy Whores!!!
I don't keep up with this stuff anymore and from these posts; what have I missed? On second thought, I was part of the S&L problems in the 80's so I already know.
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Old 12 September 2008, 12:59 PM   #6
tszyu#1
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Originally Posted by redshirt1957 View Post
I don't keep up with this stuff anymore and from these posts; what have I missed? On second thought, I was part of the S&L problems in the 80's so I already know.
It's like the S+L crisis on a larger scale. You can't turn on the news without hearing about Fannie Mae, Freddie Mac, Washington Mutual, AIG, and Lehman Bros possibly going under. Bear Stearns is history, which like I said I said earlier 1 day traded for almost a 100% return. Hope LEH does the same...
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Old 12 September 2008, 03:59 PM   #7
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I don't think Hank Paulson is in the mood to add another bailout to his resume.
So, there should not be any dead cat. It's a dead dead cat
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Old 12 September 2008, 06:53 PM   #8
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Always a big problem for Wenger over 5 years, up and down, no consistency, in the end was traded to Stuggart for small profit. Mad as a brush and sad to see leave the portfolio
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