[...] What Will Happen To Lehmen Brothers (Sept 10th 2008) [...]

Sorry Jane, you are acting very naive … in theory and text books the Fed is not owned by those stock holders but in reality - yes, they are controlled and influenced entirely by names in that group and others (I am not sure of the names), call it the invisible hand or whatever

Should The US government bail out American corporations?

Does corporate America share its profits with the tax payers? The answer is absolutely not.
Do they share the profits with the tax payers? The executives are paid millions.
The US Government should bail out all corporations large and small is that right? The answer is no. If it is a viable business, they can raise the money from investors, if not, let them close shop.
If the government decides to bail them out if should be at a cost (like shares in the company) where the government will make money and have a say in running the company. Even better have a public referendum where the voters decide.
Carmakers want money from the government; the financial institutions want money - where does it stop.
It is about time corporate America should learn they have to stand on their own feet. Where is corporate America financial responsibility?
They claim the government is abusing its financial responsibility; it seems Corporate America is no better. They also go to their workers to take a pay cut, is that fair? It seems the little guys are the ones that always pay the price for corporate financial abuse and miss-management.
Other corporations in the world are not asking to be bailed out - they go out of business.
Jay Draiman

I sure hope the government doesn’t bail them out. It scares me to even hear of it being considered. The Fred and Fan situation just encourages mismanagement with the knowledge that bailout is there as an option. I’m no expert on corportate business, and I’m not sure what goes on with these deals, but I think there should be some VERY harsh pentalties to the CEOs/CFOs/presidents/boards/whatever when government bailouts occur. I think these people should all get fired (naturally) but with no severance packages or benefits. On top of that, they should have their wages for the past 5 years garnished and be prevented from working in leadership positions ever again. They need to be made examples of. There needs to be a climate in this country where a bailout is not seen as favorable so that leaders do everything in their power to keep their companies healthy and have the foresight to make sound decisions.

Who knows but I hope Lehman Brothers survive for the sake of it’s employers

The piece from Martha at 12.21 is very informative for this discussion to continue, thanks Martha.

The 158 year old bank, under present chairman and CEO Richard S.Fuld Jr., which was earlier planing to shelve off its priced “Investment Management” division, is now trying to sell the entire company. Will Barclays of UK, and the BOA (Bank of America) bail LB out is the big question. If so these suitors along with many PE (private equity) firms will require an encore from the Fed to reassure,like in the case of Bear Stearn’s to JP Morgan Chase.
The $3.9 billion loss for Q3, does not provide them enough time for the weekend as their plans to split into “good” bank and a “bad”one, which would spin off $30 billion of bad assets into a seperate firm - the “bad” bank to be owned by LB shareholders.LB stock fell another 45 percent after a bank from Korea with major investments, gave the cold shoulder.The question now is would the real estate section of LB to be called Real Estate Investment Global, worth $5-7billion, expected to complete only by next near raise enough funds as part of the “good bank” and the sale of the “money management” section be enough to offset the capital needed to support the “bad bank”.
My fingers are crossed.

I am telling you the US is going down, along with europe, this is not even the beginning, investments will be better in Asia and South America, africa still questionable because of bad goverment, anybody on the same page?

Federal Reserve Bank is not run by our Federal Government; it is run by “private” bankers? (LOOK who’s below in the list)
The real owners of the Federal Reserve and the Federal Reserve System are:
a) Rothschild Banks of London and Berlin;
b) Lazard Brothers Bank of Paris;
c) Israel Moses Seif Banks of Italy;
d) Warburg Bank of Hamburg and Amsterdam;
e) LEHMAN BROTHERS BANK of New York; (By the way JEB BUSH is also on the board of Lehman Brothers.)
f) Kuhn, Loeb Bank of New York;
g) Chase Manhattan Bank of New York;
h) Goldman Sachs Bank of New York; and
i) Approximately three hundred people, known to each other and/or relations of the “owners,” who hold stock in the Federal Reserve System. They comprise an interlocking, International Banking Cartel of wealth beyond comprehension.

And an interesting quote on the topic -
Thomas Jefferson was concise in his early warning to the American nation, “If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.”

Wow!!! It’s like an Enron flashback, man!

Yes, because if they do not the economy will suffer for the HUGE loss. We have encountered enough loss as it is today.