--------------------------'szybujacy' rynek 'galinskiego', czyli jak
facecik dostal swira-----------------------------
The Financial Times has just reported that Chinese and Korean
investors have flatly rejected pleas from Lehman Brothers for bail-out
funds. Meanwhile ...
· Lehman’s third-quarter losses will be a staggering $4 billion — 700%%
worse than prior estimates — according to Citigroup’s latest review.
· Lehman is desperately seeking buyers to the last profitable asset it
owns.
· Lehman, which is 1.6 times larger than Bear Stearns was when it
failed, may be too big to save. And even if it IS saved by the
government, its shares will probably be worth close to zero.
(…)
If you think the Bear Stearns failure was a disaster, better hold onto
your hat ...
Lehman Brothers is 60%% larger — and this time around, it looks like
there might not be a sugar daddy to buy out the...