An Excellent Time To Pick Up The Broken Pieces

For some time now, weekends spell a period of trepidation for investors as the Pandora’s box is opened. Bizarre announcements of historical takeovers, bankruptcies and government interventions left investors grabbing for straws in a cesspool when trading resumed on Mondays. Read the full article here.

Stock Markets Bolstered By Bailouts

In the past week, we have venerable investment banks Lehman Brothers folding and Merrill Lynch merging with Bank of America, leaving Goldman Sachs and Morgan Stanley as the remaining bastions of independents on Wall Street. Read the full article here.

Will Wall Street Learn From Lehman Brothers Bankruptcy?

Already, a Lehman Brothers bankruptcy implies a fire sales of its assets (stock, bonds, property and mortgage securities), depressing prices and forcing more write-downs by other banks and investment banks. In the coming months, we can expect tsunamis to test the foundations of the financial sector again.

Why was Lehman, a 158-year old financial institution, which survived world wars, scandals, in-fighting, loss of its independence, finally shuttered? Read the full article here.

Lehman Not Far From Insolvency

With mounting losses (first quarter loss of $2.8 billion), management turmoil and a falling stock price (70% down this year and no sign of reversing), it seems likely that Lehman, the fourth-largest U.S. securities firm, will follow the footsteps of Bear Stearns and be sold at rock-bottom prices.

Read the full article at http://jeflin.net