LEH didn't have liquidity issues.
And why are you so bitter? Why all those hate? I wish you could give a little credit to the hard working people. Do you have any idea how large LEH's derivatives book is simply to keep many commercial banks business as usual? Do you have any idea how much liquidity LEH has provided? Do you have any idea how much risk LEH had taken in the LTCM crisis when their own firm was also in a vulnerable position? This is an old house with a lot of legacy and pride. Their leverage is far less than Fannie and Freddie's. They are not speculators.
LEH doesn't deserve it. Yes their marks on certain assets are too high but they still don't deserve it. The Fed could have helped hadn't Fannie or Freddie gone down because the Fed OWE LEH from the LTCM deal.
Someone said that LEH is a 15 year old company with a 100 year old name. Today's LEH has not been the LEH with 100 years of history if you know what I mean.
哎，BOA已经买了ML，真是戏剧化啊！
不过还没有人买LEH, 时间不多了，也许真的只能申请破产了，可怜呀！
exactly. think about the kids who just got offers to join BS after college. everything is gone.
True.Not only for college students
比我高一界毕业的同学，今年1月有大概10个同学拿了BS,10个拿了leh的offer，当时这些公司来学校招人晚餐会＋presentation的时候，公司的管理层都向我们介绍我们这些校友，而且他们还作为这些公司未来马上要加入的员工和我们networking，介绍公司的情况和解答问题（被给正式offer前他们都在暑假去实习过）。现在他们基本上就是马上也面临着要失业＋已经失业的情况了。其实真的很惨。
[此贴子已经被作者于2008-9-14 18:31:22编辑过]
[此贴子已经被作者于2008-9-14 18:31:07编辑过]
shit has hit the fan....
哎，BOA已经买了ML，真是戏剧化啊！
不过还没有人买LEH, 时间不多了，也许真的只能申请破产了，可怜呀！
only in talk... this kinda news happened on LEH several times, although the MER news looks a little bit more serious
True.Not only for college students 比我高一界毕业的同学，今年1月有大概10个同学拿了BS,10个拿了leh的offer，当时这些公司来学校招人晚餐会＋presentation的时候，公司的管理层都向我们介绍我们这些校友，而且他们还作为这些公司未来马上要加入的员工和我们networking，介绍公司的情况和解答问题（被给正式offer前他们都在暑假去实习过）。现在他们基本上就是马上也面临着要失业＋已经失业的情况了。其实真的很惨。
到底了
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