Lehman Visited by Fraud

March 28th, 2008 10:16 pm | by John Jansen |

This is not life threatening but it certainly wont instill confidence in a name that needs a breath of life. And why the headlines when I am playing chess at Yahoo?

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  1. 3 Responses to “Lehman Visited by Fraud”

  2. By hedgingrisk on Mar 29, 2008 | Reply

    Arrrge…. should have held the double position… my bad for not holding 2X over the weekend… oh well, I did double my short on C…

    ~Stupid Equity Guy

  3. By hedgingrisk on Mar 29, 2008 | Reply

    When I heard about the $250 million dollar whoops, it was first quoted in yen’s and the market was open. I didn’t know the details about the story until tonights edition came out. I wish I had held my 2X and had doubled up on the C too. Instead of releasing half of LEH…

    oh well…

  4. By theroxylandr on Mar 29, 2008 | Reply

    That’s what people say about this:

    http://www.capitalstool.com/forums/index.php?showtopic=8890&st=120

    When the word is on the street that a certain company is going under suddenly debtors don’t want to pay hoping to get away with it.

    http://www.bloomberg.com/apps/news?pid=206…Viag&refer=home

    “Lehman Brothers Holdings Inc. said it plans to sue Marubeni Corp., Japan’s fifth-biggest trading company, to recover “fraudulently misappropriated” funds that newspaper reports say may amount to more than $250 million.”

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