Richard Wendling

Lehman Follows Good Bank/Bad Bank to Redemption

He also forgot to tell investors what a hit they will take to their stock price in LEH when this $60 billion is cut from the heart of the company. Whether good or bad banking that is still a massive deduction from the core of the companies assets. I would expect its stock to fall to below the $10 level. For more of my views on this company and where it is headed click on my site.

Richard