jimmy46

Economic Donkeys

Today Lehman’s senior debt trades at a mere 10 cents on the dollar, suggesting its $600 billion in assets were a mirage""""""

YOU DON'T SEEM TO UNDERSTAND THAT BANKRUPTCY COURTS TREAT DIFFERENT ASSET CLASSES DIFFERENTLY.

SOME PEOPLE GET 100¢ ON THE DOLLAR,
OTHERS 50¢
OTHERS 10¢
AND SOME NOTHING.

LEH BONDS RANK NEAR THE BOTTOM.

How Miscommunication Caused Lehman's Collapse

I'm inclined to believe that the Lehman deal failed because Fuld wanted $10 a share for his stock, just like Bear Stearns got.

He played chicken to the end and the result was zero for the stock and a lot of problems for everyone else.

Thoughts on REITS, Financials and the U.S. Dollar

I agree that hyperinflation is unlikely, but I think we're going to see
10-15% inflation in the next few years as a result of TRILLION dollar deficits.
REITS's will offer good protection during this time.

The way their prices have partly recovered the last 5 months makes me think that others are on to this also.

Wall Street Breakfast: Must-Know News

will require all computers sold in the country to contain software that blocks access to certain websites."""""

ANYONE HAVE THIS LIST?
IT WOULD BE INTERESTING TO SEE

The Rules of the Game Have Changed

YOU DON'T KNOW WHAT YOU'RE TALKING ABOUT.

"""""median home price in the San Francisco bay area fell from $655,000 in August 2007 to $447,000 last month."""""""

In 2007 a mix of houses sold, this year only the cheap houses are selling. You're comparing apples with oranges.

Watching the Lehman Fireworks

opppps

I forgot to ask: Do they do anything important for the American people?

Watching the Lehman Fireworks

It's hard to imagine that LEH has much value.
The products that gave such big profits no one wants now.
They diluted equity greatly.
Now they are selling some crown jewels.

And the compensation for all those egotists!!!!!!!
How many people at LEH make $1,000,000+ a year????????

It all adds up to sales down, costs up.

14 Bank and I-Bank Write-Downs

Here in Reno most of the houses for sale last year have sold
Prices are steady or up a little,

AND THE BUILDERS ARE STILL BUILDING NEW HOUSES

Financial Stocks to Buy When the Market Reverses

Your methodolgy is so flawed I don't know what to say.