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Lehman Bros. Going Down?

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    Lehman Bros. Going Down?

    Will Lehman bros. enter the territory of junk stock today? Trading to be ceased on Lehman (NYSE) sometime today?
    9
    Yes
    55.56%
    5
    No
    22.22%
    2
    Ask Andy
    22.22%
    2

    The poll is expired.

    Bored.

    #2
    What exactly has happened? My last permie job was working for a software company who did a lot of outsourced work for Lehman and I got the impression the were a gigantic organisation, one of the bigger banks?

    I wonder how my old company is doing right now...
    Originally posted by MaryPoppins
    I'd still not breastfeed a nazi
    Originally posted by vetran
    Urine is quite nourishing

    Comment


      #3
      http://forums.contractoruk.com/gener...ites-dust.html

      It's not looking good. I give them until sometime next week though so will vote AndyW.

      Comment


        #4
        Forgive a stupid question, but if Lehman go down, all the employees won't suddenly be jobless will they? Lehman are involved in so many bonds and mortgages, I assume it would take years for them to actually wind down...
        Originally posted by MaryPoppins
        I'd still not breastfeed a nazi
        Originally posted by vetran
        Urine is quite nourishing

        Comment


          #5
          No they just get bought for a "song" and the mortgages on stuff move onto the books of the new bank. In the database you will probably see "Lehman Bros" in one of the fields. Occasionally a new graduate trainee will come across a dusty training manual with a Lehman Bros logo on it.
          I'm alright Jack

          Comment

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