Lehman Brothers plans to sell a majority stake in its asset management unit and spin off commercial real estate holdings, hoping to restore investor confidence and ensure its survival after reporting a record quarterly loss of about $4 billion.
What do you think will happen to the storied investment bank? A successful recovery? A Bear Stearns-style government bailout? Is Lehman Brothers too big to fail? Give us your thoughts in comments.
Click here for full coverage of Lehman Brothers.
You can also use Hubdub, an online prediction market that allows users to wager virtual cash on the outcome of news events, to make a prediction about whether the government will bail out Lehman Brothers within the next 30 days.
Will the U.S. government bail out Lehman Brothers within the next 30 days?
Trackback
44 comments so far
Previous | 3 | 2 | 1 | Next
Something is happening as the stock has gone up from 1 cent to about 22 cents currently with a high of 33 cents in August and a volume of 128 mil or so. But what is the question?
- Posted by angieDoes anyone know what’s happening in the Lehman Bros bankruptcy case? I had some stock and cash with them back in Sept 2008 when they went bust.
- Posted by BarryNow with the new president, the situation will have to clear out quickly for all companies that wait funding. I am anxious to see how this will be handled by the new administration.
- Posted by a usatoday readerI still stand behind believing that they will go up… The government bail out is a go as of now, so without having dead loans on it’s hands, it will be able to almost clean itself up so it can operate at its optimal performance. It’s almost a government-sponsored load purge if you will.
- Posted by Luke