Gothamist: Lehman Shares Fall 44%, More Wall Street Job Losses Ahead

JMH

Wed, 10 Sep 2008 11:30:59 -0500

There SHOULD be more layoffs than the dotcom bubble - the people working for the dotcoms actually provided a benefit to society, these bankers just exist to make themselves richer.

NannyState

Tue, 09 Sep 2008 22:07:15 -0500

They're talking Goldman, but if so, why didn't they put out an offer before everybody took a huge market cap hit? I'm with Kojak, buy 'em cheap!

Kojak

Tue, 09 Sep 2008 21:57:16 -0500

Maybe so but its enough to make a quick buck. Lehman is not insolvent and won't fold...yet. It'll find a backer eventually.

blablanyc

Tue, 09 Sep 2008 20:21:27 -0500

Keep an eye on the FDIC. The FDIC chair, Sheila Blair, has her hands full with a bank folding almost everyday. http://news.google.com/news?q=fdic&ie=UTF-8&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&um=1&sa=N&tab=wn

blablanyc

Tue, 09 Sep 2008 20:08:31 -0500

Kojak, The markets most likely will have a "dead cat bounce" tomorrow. Absolutely meaningless.

Kojak

Tue, 09 Sep 2008 19:04:14 -0500

I predict its shares will bounce back tomorrow. Now is the time to Buy BUY!