Speed with Which Financials Have Fallen Is Disconcerting
Seeking Alpha (Free subscription) | 07/16/2008
Christopher Bush submits: Lehman’s (LEH) best course of action would be a `going private’ transaction, since it is the public equity markets that are the threat to the company’s survival,” Trone wrote in a note today. “Without a public stock, there would be no shorting, thus no motivation for rumor-mongering, thus no source to spook the counterparties and creditors. - Bloomberg I think...
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