I hear ya peb. Well it looks like we will know tonite if there is a BK filing or not. Didn't realize the Federal Courthouse was open at that time. Must be some special provisions made in such cases.
Actually I cannot imagin the fallout that is going to hit the financial markets if Lehmans goes belly up. That is going to
cause a great deal of Fear Uncertainty and Doubt in world capitals of government. The Germans have some exposure there.
If there is no BK filing by tonite perhaps we still pull out of this without too much damage and a deal of some sort struck.
I am surprised that in the entire world we can't find a group of buyers willing to take apart Lehmans.
I thought for sure with the FEDS involved this would work out.
I read there are 411,000 shareholders in Lehmans common and
that works out to an avg. of 1,670 shares each. Well we know that Sorros and some other investors have millions of shares.
A Lehmans BK filing is going to shake up investors of all shapes and stripes including me. I lost once playing United
Airlines went it went BK. Finally got zero'd out on that deal as I didn't sell for pennies.
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