2008-06-05nakedcapitalism.com

"Before we get to my rant, let's give a quick update on Lehman. The bank had a better day than yesterday, with the stock up a tad more in large part due to supportive words by highly respected investment bank analyst Guy Moszkowski who said that the notion that Lehman would come to the same end as Bear Stearns was "unfounded". However, the reporting still focused on the endgame for the embattled firm, which indicates that a consensus is building that Lehman will not make it as an independent player."



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