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Tinker2387

11/18/11 2:07 PM

#32939 RE: mm107 #32938

That goes to show how corruptly powerful naked shorts are!

mcgigi

11/18/11 2:13 PM

#32940 RE: mm107 #32938

Is that the movies name, The Fall of Lehman... about all the shorting? Or is it another movie? Thanks mm107. Lots of reminders of all the DD here today and so many explanations/clarification on many concepts!

Go CNUV!!!

KLee

11/18/11 2:34 PM

#32945 RE: mm107 #32938

Not only did their fellow padres like GS, MS push Lehman's over the cliff with the bear raid... but they also helped spread the rumor that Lehman's was in trouble, thus all creditors slammed the door on Lehman's when they most needed it, AND called in their notes early.

Lehmans was no different than any of them in terms of being in a position of weakness. The only difference is the sharks have to eat each other when there is no food to be found. GS, MS, BoFa, were simply faster swimmers.

CNUV