Category Archives: lehman

Another Two bite the Dust

As I commented on Saturday, Lehman is done and now apparently, so is Merrill Lynch. Certainly this has been one of the most dramatic weekends in Wall Street history. Whether or not as this article says it is a “good … Continue reading

Posted in bank of america, economy, lehman, merrill | Leave a comment

Stick a Fork in Lehman…It’s Done

Lehman Brothers, the oldest firm on Wall Street, is experiencing a run on the bank, much like Bear Stearns last March. These runs begin to feed on themselves for the simple reason that, if I’m a financial manager and I … Continue reading

Posted in administration, economy, lehman | 3 Comments