Anthony M. Freed
Blackstone, KKR may buy Lehman assets - that is all the rumor story says so far. Lehman has cried wolf one too many times now… Something substantial better come of this or confidence in Lehman and Dick Fuld will reach an all time low next week. Also of interest is how much Merrill is tracking Lehman today, and in the graphs below. As I have been saying, there is a lot riding on Lehman Brothers, especially for Merrill Lynch. Nice bounce… Time is literally running out on Dick Fuld and the Lehman Brothers crew, as rumors of a rescue by the EBA (Every Bank in Asia) evaporated, and the Days Trading Turned Dim. To me , risky maneuvers reek of panic and desperation: More
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