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Blog Archive

Thursday, June 19

Lehman the Next to Bite It

Yes, the stock of Lehman Bros. has been going down and they could be the next to bite the dust. And it is coming soon. The MBS, Mortgage Backed Securities situation is getting worse and worse. The oil price situation may go down soon, it is a question of guts. If the Saudis announce that they are producing another million barrels a day, then things will shock the speculators. Really, the whole system needs a bankruptcy reorganization.

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