[BigTex]

On the subject of GS, it's interesting that it hasn't gotten any of the bad press that the Halliburton/Cheney connection has gotten, even though it seems obvious that GS has benefited from Paulson being the Treasury Secretary.

[mcgowanjm]

$this->bbcode_second_pass_quote('DantesPeak', '')$this->bbcode_second_pass_quote('mmasters', 'M')y guess is Lehman will end up merging with Goldman.

[AlterEgo]

$this->bbcode_second_pass_quote('', '"')The Braintrust, our own Dr. Lalani called me today and said if Lehman Brothers goes any lower, they are going to have to change their name to Lehman Brother, the other Brother will need to be let go...
Lehman does not survive this, and if they are smart, they will realize that there is room for ONE MORE Bear Stearns-like forced merger. The next institution (or 2, or even 3) will just have to fail.
GM & Ford, Fannie & Freddie, Bear & Lehman, American & United Airlines, wanna know who is next? What about Fedex and UPS?"

[Roccland]

LEH deathwatch...T minus 10 and counting... link

Hey Iaato - got silver?

[Cashmere]

$this->bbcode_second_pass_quote('', '[')code]Chief Executive Dick Fuld is running out of time not only to keep his job as CEO but have the Wall Street firm remain independent.[/code]

[Roccland]

$this->bbcode_second_pass_quote('Cashmere', '')$this->bbcode_second_pass_quote('', 'C')hief Executive Dick Fuld is running out of time not only to keep his job as CEO but have the Wall Street firm remain independent.

[Daniel_Plainview]

Dick Fuld is not a happy camper ........

[DantesPeak]

14 months into the slow motion credit collapse and many people still think large financial firms can be 'saved'. After $2 to $3 trillion in credit related losses are realized, we can talk about saving what's left. But that will probably take two more years.

By then, the biggest paper fraud of all, the Federal Reserve, will be seen as the issuer of paper money backed up only by hard to value and depreciating mortgage related derivatives.

I'm not sure what comes after that, but there won't be fun times in the US after 2010.

[nobodypanic]

$this->bbcode_second_pass_quote('Roccland', 'L')EH deathwatch...T minus 10 and counting... link Hey Iaato - got silver?

[pedalling_faster]

$this->bbcode_second_pass_quote('DantesPeak', '1')4 months into the slow motion credit collapse and many people still think large financial firms can be 'saved'. After $2 to $3 trillion in credit related losses are realized, we can talk about saving what's left. But that will probably take two more years.
By then, the biggest paper fraud of all, the Federal Reserve, will be seen as the issuer of paper money backed up only by hard to value and depreciating mortgage related derivatives.
I'm not sure what comes after that, but there won't be fun times in the US after 2010.

[yesplease]

$this->bbcode_second_pass_quote('pedalling_faster', 't')he dollar was getting pummeled. then it's bounced back recently. with no supporting fundamentals.

[pup55]

I am still trying to get a piece of that 22 cent on the dollar mortgage writedown that they did the other day.

There ought to be a lot of cheap real estate coming onto the market.

[Jotapay]

$this->bbcode_second_pass_quote('nobodypanic', '')$this->bbcode_second_pass_quote('Roccland', 'L')EH deathwatch...T minus 10 and counting... link Hey Iaato - got silver?

[Troyboy1208]

What is LEH?

[Roccland]

$this->bbcode_second_pass_quote('nobodypanic', '')$this->bbcode_second_pass_quote('Roccland', 'L')EH deathwatch...T minus 10 and counting... link Hey Iaato - got silver?

[DantesPeak]

Lehman
$this->bbcode_second_pass_quote('', 'L')ehman Brothers (LEH:Lehman Brothers Holdings Inc)
9:47am 08/20/2008
LEH fell 3.4% as the New York Post reported that the investment bank failed to reach a deal with South Korean wealth funds and insitutions to raise capital.

[mmasters]

$this->bbcode_second_pass_quote('Cashmere', '[')code]Chief Executive Dick Fuld is running out of time not only to keep his job as CEO but have the Wall Street firm remain independent.[/code]You have gotta love NewSpeak. Back in the old days, we Prols used to call "remain independent" by a different name - "go bankrupt."I guess it's all perspective.

[Roccland]

$this->bbcode_second_pass_quote('Roccland', '')$this->bbcode_second_pass_quote('nobodypanic', '')$this->bbcode_second_pass_quote('Roccland', 'L')EH deathwatch...T minus 10 and counting... link Hey Iaato - got silver?

[nobodypanic]

$this->bbcode_second_pass_quote('Roccland', '')$this->bbcode_second_pass_quote('nobodypanic', '')$this->bbcode_second_pass_quote('Roccland', 'L')EH deathwatch...T minus 10 and counting: link Hey Iaato - got silver?

[Roccland]

$this->bbcode_second_pass_quote('nobodypanic', '')$this->bbcode_second_pass_quote('Roccland', '')$this->bbcode_second_pass_quote('nobodypanic', '')$this->bbcode_second_pass_quote('Roccland', 'L')EH deathwatch...T minus 10 and counting... link Hey Iaato - got silver?