It's going to get messy...

[original PM]

According to the radio this morning some american geezer was saying that if the governememnt feels that the collapse of the bank will not cause a mjor problem for them then they will not bail them out.

He seemed to imply that a lot of these large finnacial instituions feel that if they get into trouble the government will bail them out - apparently this is not going to be the case!

[bobsmithldn]

30 cents!

Bloomberg saying that the pre-market price $0.30

Waiting to close my puts!

[HairyArsedBloke]

Biggest losers are the Lehman's share holders their shares were around $50 now around $3.

I am shocked that the US Ferderal reserve haven't bailed them out.

30 cents!

Bloomberg saying that the pre-market price $0.30

[DimPrawn]

Biggest losers are the Lehman's share holders their shares were around $50 now around $3.

I am shocked that the US Ferderal reserve haven't bailed them out.

Yes, lets Nationalise risk and Privatise reward.



Fook em.

[eliquant]

Biggest losers are the Lehman's share holders their shares were around $50 now around $3.

I am shocked that the US Ferderal reserve haven't bailed them out.

[BrilloPad]

The biggest question is how much money does Lehmans owe to British banks ?

Everything linked globally these days - exposure to other regions important too.

[Cyberman]

The biggest question is how much money does Lehmans owe to British banks ?

[wobbegong]

I'm not in Lehman's, but I'll tell you one thing; a mate of mine from College works there now.

used to work there

[JaybeeInCUK]

....it all begins to make sense

I should add, I only hung around with him because he had the damnedest ability to rope in the sexiest babes in College, and I was drowning in my own testosterone, I thought it best to endure his .

That was the 80's - today he's lost his looks and is shacked up with a single mother with 3 kids, one from her previous marriage.

I certainly feel sorry for him today, that's for sure...

[Cyberman]

It's a shame that Gordon Brown appears to count on his fingers also !!

[PM-Junkie]

I'm not in Lehman's, but I'll tell you one thing; a mate of mine from College works there now.

In the mid 80's, had to take his 'O'-level maths THREE times, and still failed. A distant relative of mine, who was 16 during matey's final attempt at numeracy, caught him COUNTING ON HIS FINGERS in class. And this guy (matey), to this day, doesn't have a facetious or sarcastic bone in his body. On his Facebook profile he proclaims - with all sincerity - "Lehman's really look after me".

YOU do the maths.

....it all begins to make sense

[JaybeeInCUK]

http://news.bbc.co.uk/1/hi/business/7615712.stm

Anyone at Lehmans here care to shed some light on what the situation's like there?

I'm not in Lehman's, but I'll tell you one thing; a mate of mine from College works there now.

In the mid 80's, had to take his 'O'-level maths THREE times, and still failed. A distant relative of mine, who was 16 during matey's final attempt at numeracy, caught him COUNTING ON HIS FINGERS in class. And this guy (matey), to this day, doesn't have a facetious or sarcastic bone in his body. On his Facebook profile he proclaims - with all sincerity - "Lehman's really look after me".

YOU do the maths.

[thunderlizard]

Looks like the USA is about to buy itself another cheap bank.

(cheap as in price, not value)

[PM-Junkie]

http://news.bbc.co.uk/1/hi/business/7615712.stm

Anyone at Lehmans here care to shed some light on what the situation's like there?