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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (145780)9/11/2008 1:02:38 PM
From: XoFruitCakeRead Replies (2) | Respond to of 306849
 
""CNBC television reported on Thursday that Lehman Chief Executive Richard Fuld was "actively shopping" the investment bank and would mull the sale of 100 percent of its asset management unit Neuberger Berman."

Christ, if he waits any longer he'll have to sell 130% of Neuberger."

Look like the rumor of the day is GS will buy LEH.. Not sure if I believe in it but the stock price and especially the preferred price are jumping... It can be a take under but preferred will be make good if a deal is done...