Is Lehman Brothers the next firm to find its name is simply part of history? The company has been denying rumors of its ill health for a number of months now. But a quarterly loss of $3.9 billion plus a write-down of $5.6 billion is not cheery news. Nor is the statement that it will try to sell off pieces - including some that are important - of the company.
Lehman was not a Bear Stearns type. Yet it may suffer the same fate.
No comments:
Post a Comment