The coming DEATH of Lehman Bros. is an orgy about to happen. It is about to join Bear Stearns in the collapse cloud in the sky. It died from many things, including the MBS, Mortgage Backed Securities, the main dispute is the manner and method of execution, so that Lehman, along with its favorite pimp, Felix Rohatyn, can have a good and comfortable death.
Having Lehman's stock drop to 1/100 of its previous value and then being bought up with Federal Reserve money by one of the big players, like what happened to Bear Stearns is a possibility, but it would not be the one that the players want. Too many corpses are being left out on the front door step, and it still costs money that eventually, allegedly has to be paid back.
But, more exciting may be to have the Federal Reserve itself by up and masticate on Lehman. That already is what the Bank of England did with the bank and real estate firm known as Northern Rock. Isn't that exciting, nationalization is about to hit neo-con America.
Sunday, June 15
Death of a Lehman Bros.
Posted by Howiecopywriter at 6:52 AM
Labels: lehman bros bear stearns mortgage backed securities real estate
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