Jimmy Lathrop

Of Good Rumors and Bad

After a good night's sleep, I woke up and reviewed my comment. I apologize. Comparing Lehman Brothers to Anna Nicole Smith is an insult to her memory.

Of Good Rumors and Bad

Any financial entity who had the money and inclination to take over Lehman Brothers would be analogous to a Texas billionaire marrying a stripper. On its surface, it seems totally absurd, because even though the pole-dancer may be attractive and charming, you are buying all the baggage and bringing its destructive behavior (drug abuse, mood swings, shady characters, checkered past) into your home, when it would be cheaper and safer to rent some action from the gal in a truck stop bathroom, especially when time is not on her side. That being said, hey, Anna Nichole Smith got lucky - maybe Dick Fuld will find some foreigners to dazzle and hand over their checkbooks while his company infects their balance sheet with the financial equivalent of herpes. No one ever said being cash heavy and risk tolerant made an institution smart.