Lehman

Lehman (LEH) may find that the best way out of the painful drop in its stock is to go private. If the investment house is right and Wall St.'s perception of it... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Wall Street rumor is a vicious creature. And its been swirling around Lehman Brothers (NYSE: LEH) ever since the fall of Bear Stearns. There's got to be one prime candidate headed for a fall, and Lehman has been nominated to be the star of the show, cast as the next sacrificial lamb. The latest rumor was that the world's largest bond fund PIMCO, the hedge fund giant SAC and other institutions

The financial services sector has gone from horrible to somewhat stabilizing and back to horrible and then looking even worse. When you think of an old mantra... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

On Monday Lehman Brothers share price closed down 11 per cent. Is Wall Street about to get a repeat of the March sell-off that followed the demise of Bear Stearns? Certainly if markets follow the pattern of 1973-4 then this slump will be very positive for gold. In that bear market for stocks precious metals [...]

General Electric Co. (NYSE: GE) is seeing a rise of nearly 1% today, and this is after several days of hitting the 52-week low list and almost seeing its stock... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Germany goalkeeper Jens Lehmann has slammed Italian referee Roberto Rosetti's Euro 2008 final performance, describing him as 'biased'. 'What was disappointing in my opinion was the performance of the referee, who didn't really fancy us Germans - and this is the third time I was unlucky with referees in European cup finals,' said LehmanThis allegation really amazed me as I thought the referee was

By William Hutchings and David Walker Of FINANCIAL NEWS Lehman Brothers and U.S. credit manager Aladdin Capital are each raising $3 billion funds to back small hedge fund managers in the hope of capitalizing on the worst dislocation in the industry for a decade. Lehman Brothers aims to raise $3 billion to $5 [...]

Lehman Only Sold About $5B Assets To Ex-Traders’ Funds -Bloomberg Last Update: 6/19/2008 8:17:42 AM DOW JONES NEWSWIRES Lehman Brothers Holdings (LEH), which dumped $147 billion in assets in its second quarter to reduce its reliance on borrowed money, only sold about $5 billion worth to a pair of hedge funds set up by former Lehman traders, Bloomberg News reported Thursday. [...]

There's been a ridiculous amount of speculation surrounding Lehman Brothers (LEH). Ever since Bear Stearns (BSC) went bust, every trader on Wall Street has been asking: Who's next? LEH always seems to be the first answer to that question.I have no idea whether LEH is going the way of BSC. The speculation points to an acquisition by Goldman Sachs (GS) or maybe a private equity group. If s

The questions about Lehman Brothers (LEH) won’t go away. The investment bank’s shares rose Monday after Lehman chief Richard Fuld took responsibility for its $2.8 billion second-quarter loss. He stood behind Lehman’s balance sheet marks and reaffirmed that the bank’s so-called deleveraging effort, in which it sold assets to reduce the size of its balance [...]

Lehman Brothers Real Estate Partners is investing $700 million in Unitech’s real estate projects in Mumbai. The $4-billion global private equity fund managed by Lehman Brothers is learnt to be in the process of striking three separate deals with Unitech to invest a total of $525 million. This is in addition to Lehman’s $175-million investment [...]

CORRECT: Lehman Is Not Cutting Dividend, Already Raised $6B Last Update: 6/16/2008 4:32:27 PM (Adds conference call comments from CEO Fuld and other executives beginning in the first paragraph and updates stock price.) By Jed Horowitz Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Lehman Brothers Holdings Inc.(LEH) announced a $2.8 billion second-quarter loss Monday that [...]

FINANCIALS FACE DISLOCATION, UNCERTAIN FORTUNES The theme for the day, kiddies, is size. American International Group (AIG) has got too much of it. General Electric (GE) would figure to getting close to having less of it. And Lehman Brothers (LEH) has a lot less than it did a week ago, and - as it could turn [...]

If you needed any more evidence that the loss party on Wall Street isn’t anywhere near an end, just look at the whopping $2.8 billion loss posted by Lehman.  This is the first loss ever posted by the Wall Street investment giant: “(Businessweek)  Lehman Brothers Chief Executive Richard Fuld on Monday took the blame for the [...]

NEW YORK (MarketWatch) — Lehman Bros. Holdings Inc. said Monday that its gross assets fell by $147 billion in its fiscal 2008 second quarter. That’s a bit higher than the amount the firm said the figure was last week when it preannounced results for the period and said it cut about $130 billion in assets. It said its gross [...]

U.S. futures edge lower with Lehman, AIG in view By Steve Goldstein, MarketWatch Last Update: 6/16/2008 8:23:00 AM LONDON (MarketWatch) — U.S. stock futures moved slightly lower on Monday as investors await the opportunity to pore over an expected $2.8 billion loss from Lehman Brothers and react to American International Group ousting Martin Sullivan as chief executive. S&P 500 futures

Finding the the next shoe to fall is how you make a big fortune out of wall street’s packet. Lehman: More Real-Estate Woes LEHMAN BROTHERS’ REAL-ESTATE PROBLEMS, including an equity stake in the leveraged buyout of apartment developer Archstone-Smith, continue to plague it. The firm, which stunned Wall Street last week by disclosing that it expects [...]

Dick Fuld, CEO of Lehman (LEH), may lose his jobs soon. Someone has to step in if the brokerage's stock keeps falling. The company board knows that. Lehman's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

SAN FRANCISCO (MarketWatch) — Moody’s Investors Service on Friday placed Lehman Brothers Holdings’ A1 rating on review for a possible downgrade. The move follows Lehman’s announcement that Chief Financial Officer Erin Callan is leaving. The ratings agency noted that although the purpose of the management change appears to be an effort to assure accountability for its losses

The beleaguered investment bank ousts Erin Callan from the CFO slot and Joseph Gregory as COO. Will the moves pacify its critics?. See headlines and more here……. addthis_url = 'http%3A%2F%2Fwww.drewryonline.net%2F%3Fp%3D598'; addthis_title = 'The+Lowdown+on+the+Lehman+Shuffle'; addthis_pub = ''; Post from: www.Drewryonline.net - Energy, Financials, Offshore Banking, Sp

Britain steps in to curb rights-issue short selling By Sarah Turner, MarketWatch Last Update: 6/13/2008 9:27:00 AM LONDON (MarketWatch) — Britain’s financial regulator moved Friday to clamp down on the short selling of companies that issue new shares to raise cash, acting to shore up confidence in increasingly fragile equity markets. The Financial Services Authority said it intends to

What about the guy at the top? Callan did not get Lehman (LEH) into this trouble. Erin Callan was demoted at Lehman after only 7 months on the job trying to deal with problem that took year to create. Callan must now know how Christ felt.... The logic here is indefensible. If Fuld did not know the depths of the problems, he should go. If he did, he should go for sending Callan to slaughter. A

From Reuters:Lehman Brothers Holdings Inc said on Thursday it demoted its chief financial officer, Erin Callan, and that it had named a new chief operating officer, days after the investment bank said it expects to post a $2.8 billion quarterly loss. Lehman, whose shares fell another 8 percent in premarket trading, is facing a crisis of confidence. Its shares have tumbled 62 percent so far t

If you thought things couldn't get weirder in the brokerage firm stocks, guess again. Lehman Brothers Holdings Inc (NYSE: LEH) has essentially fired its CFO... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

You wanna know the one thing I kept thinking about as I watched Lehman Brothers Holdings Inc. (LEH) crap the bed today? I was thinking this is the perfect excuse to do a contest! That’s right, I could care less about the suffering longs–I don’t know any people that dumb– or the happy short [...]

SAN FRANCISCO (MarketWatch) — BlackRock Inc. invested in Lehman Brothers’ equity offering this week, Chief Executive Laurence Fink told CNBC on Wednesday. He declined to say how much BlackRock invested in the brokerage firm. Fink said Lehman is adequately structured to avoid a liquidity crisis like the one that almost felled Bear Stearns in March. It’s time to start [...]

Lehman Shares Fall Below $28 Price In Capital-Raising >LEH Last Update: 6/10/2008 11:50:06 AM DOW JONES NEWSWIRES Shares of Lehman Brothers Holdings Inc. (LEH) continued their fall, dropping over 6% Tuesday as their month-long swoon resulted in the brokerage shedding 40% of its market value. Monday’s projection of a $2.8 billion quarterly loss deepened anxieties that banks and [...]

Greenlight’s Einhorn: Lehman Still `Poor Risk’ -Fox Business Last Update: 6/10/2008 11:01:39 AM DOW JONES NEWSWIRES Greenlight Capital Inc. Chairman David Einhorn, a short-seller and critic of Lehman Brothers Inc. (LEH), Tuesday declined to specify a price target on the company’s stock, but said it remains on his short list. In an interview on the Fox Business Network, Einhorn sa

I have not found a reason to doubt Einhorn yet and actually, if one is following it, one must believe him more as each day passes.... Listen to what Einhorn has to say first about Lehman (LEH): Now listen to what Faber says CFO Erin Callahan says: Here is how it priced: Not for nothing but where is CEO Dick Fuld? Why aren't the media demanding he be the face of the company rather than t

I have said it before and I will say it again: An economy based on lies will eventually implode. The lies just keep getting more and more outrageous and ridiculous and the media have failed their readers by going along with the flow and being a ready and willing partner in the deliberate deception and [...]

Posted by Heidi N. Moore Lehman Brothers Holdings Inc. (LEH) has, so far, done everything right in order to prevent an extended market panic: it announced its earnings early, came clean about its first loss as a publicly traded company and showed it could be well-capitalized by raising $6 billion in new capital: $4 billion [...]

Lehman Brothers appears to have escaped the investor panic that brought down Bear Stearns, but many investment pros say it's too early to jump back into financial stocks."I'm just not a buyer in the financials. It's just not time to it yet," says Michael Cohn, of Atlantis Asset Management. "You have to wait for the housing to stabilize, which I think is going to happen this summer."Kathy Boyle, pr

Lehman To Price Cmn-Stk Part Of Offering At $28/Shr -CNBC Last Update: 6/9/2008 9:18:11 AM DOW JONES NEWSWIRES Lehman Brothers Holdings Inc. (LEH) plans to price the common-share portion of its $6 billion stock offering at $28 a share, CNBC reporter David Faber said Monday. The investment bank’s newly announced offering also contains a convertible portion that carries an 8.75% coupon [...]

Lehman (LEH) appears to have raised $5 billion from places like The New Jersey Division of Investment and Hank Greenberg's C.V. Starr fund. It is a nice chunk... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Will Lehman's (LEH) Erin Callahan try to blame Greenlight's David Einhorn for this one? Despite saying the last round of capital raising they did "wasn't really necessary", The WSJ reports that Lehman is about to hit up investor for another $5 billion. Lehman "is close to raising more than $5 billion of fresh capital from an array of investors including the New Jersey Division of Investment, ac

NEW YORK (MarketWatch) — A representative of Lehman Brothers Holdings Inc. would not confirm the expected release date of the bank’s second-quarter earnings report. Spokesman Mark Lane said that the company had not released any time for the results, which had been expected to be issued the week of June 16. However, recent media reports that the bank may [...]

CNBC is reporting that Lehman (LEH) may pre-announce earnings. Fears about huge losses in the last quarter have taken the stock from over $37 five trading days... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Despite attacks by the NY Times, Einhorn keeps raising issues that, until Lehman (LEH) can answer honestly, will continue to crush the stock. Like I said yesterday, Einhorn is raising very specific issues. There have not been specific answers from anyone. Here is what Einhorn has ACTUALLY said regarding Lehman. Read the entire piece because what has been printed and said about it is well, less

"The level of short interest in Lehman has been rising since late last year and spiked sharply in the past two months to 13 per cent, indicating that many other short sellers have piled in. The level of shares held short in Lehman is the highest of the Wall Street investment banks."

Discussed: MBIA (MBI), Ambac (ABK), Lehman (LEH),Yahoo (YHOO), Icahn, Oil (USO) Best quote: About Yahoo management regarding Icahn, "I think perhaps they should have took him more seriously in the beginning"...Great.. Part 1 Part 2 Part 3 Disclosure ("none" means no position):None ↑ Grab this Headline Animator Visit the ValuePlays Bookstore for Great Investing Books Enter y

Why can David Einhorn affect Lehman's (LEH) stock price? The answer is simple really. It comes down to believe-ability. Einhorn has it, bankers do not. Investors sitting and watching for the last few years have witnessed the savaging Bill Ackman took from bond insurers MBIA (MBI) and Ambac (ABK) as well as threats from NYC Insurance Commissioner Eric Dinallo. For years they asserted he was "o

Shares in Lehman (LEH) are now down almost 12% at $29.68 as concerns about the company's viability grow. Several media sources said the company would raise... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Looks like Einhorn was correct......despite Lehman's (LEH) proclamations to the contrary. Lehman has raised $6 billion in capital in the past year, including $4 billion last quarter. It is now looking at the need to raise another $3 to $4 billion. CFO Erin Callahan has been the public face of the company during the crisis and has made statements that will now come back to haunt her. The firm i

After indicating that the worst was behind it, Lehman (LEH) may have to raise another $3.4 billion. That would be an indication that the brokerage will lose... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Billions of dollars in losses and a falling stock price can cost a CEO his job. Wachovia (WB) announced today that its current Chairman, Lanty Smith, has been... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Lehman Brothers Holdings Inc. (NYSE: LEH) has announced that it is "considering" strategic alternatives for its SkyPower Corp. unit in Canada to augment its... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

“Most of Wall Street’s moneymaking machines have shut down. Mortgage-securitization activity has gone kaput, while IPO and M&A activities are sputtering. Even worse, Billions of dollars of future writedowns and losses are still buried inside Wall Street’s balance sheets.” — Dan Amoss by Dan Amoss Baltimore – (TFN): Since [...]

Ladenburg did nothing to spare the feelings of management and employees at Lehman (LEH). It cut its price target on the brokerages stock to $38 from $48.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

In a call overseas earlier this morning, Lehman Brothers decided to cut its target prices on some select European investment banks. Here are three of the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

What is for sale on Wall St.? It depends on who one wants to believe. Some rumors are false and may be planted for nefarious reasons. Others are true, but... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

GM (GM) said yesterday that it might want to raise some capital. Today, Lehman indicated that the car company may not have a choice. According to Reuters, an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

This is Shruti from OpexGlobal. Our esteemed clients 'Lehman Brothers' are looking for professionals with experience in Data Center aperture. Lehman Brothers:- Lehman Brothers, an innovator in... For more info on latest job openings and other career related information visit my site

The german goalkeeper left Emirates Stadium on Sunday with tears in his eyes and a smile on his face. Before kick-off, Arsène Wenger had said the 38-year-old was "99 per cent" likely to leave at the end of his contract in the summer. Therefore the manager afforded his German keeper the luxury of a 20-minute appearance at the end of the 1-0 win over Everton. At full time captain William Gallas convinced the former Dortmund stopper to make his own personal farewell. He then joined the rest of the side in a more general thank you to the fans. Lehmann's name was sung the loudest, proof that his five years had been memorable. "I had one or two tears in my eyes," he said afterwards. "It was a great farewell for me. This farewell will always stay in my heart. "The boss told me before that he

Can’t remember where I read about Steve Lehman’s 2007 effort, might be on Allaboutjazz or Downtown, but I was intrigued to see this 28 year old (same age as me!) saxophonist named on top of best album charts. After hunting down his “On Meaning” album on Pi Recordings, which is home to the who’s who [...]

MUMBAI, April 16 (Reuters) - Lehman Brothers Holdings Inc. sees opportunities in India despite volatile markets, and will launch its first dedicated India fund this year for real estate, the investment bank's country head said in an interview published on Wednesday."We are now starting to see some excellent investing opportunities, at both the project level and company level," Tarun Jotwani, chairman and chief executive of Lehman Brothers India, told the Mint paper.

NEW YORK - LEHMAN Brothers Holdings Chief Executive Richard Fuld joined a growing chorus of investment bank executives in saying on Tuesday that the worst of the credit crisis is behind Wall Street. Mr Fuld, speaking at the investment bank's annual shareholder meeting, said that credit markets have begun to ease but still believes the environment 'will remain challenging.' Steep losses tied to mortgage-backed securities has cost the world's biggest banks and brokerage about US$200 billion (S$271 billion) since last year. Similar comments came last week from two other investment bank CEOs - Goldman Sachs Group's Lloyd Blankfein and Morgan Stanley's John Mack. Both said during shareholder meetings that Wall Street is closer to the end of the crisis, and that it might last a few more quart

In a sign that write-offs are still coming from unexpected quarters, Lehman (NYSE: LEH) has disclosed that it will liquidate three funds which have found... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

There are a lot of stupid investors out there because smart investors only buy stock (give share price gains) relative to operating performance or market dominance! What is missing from these headlines? The fact that BIDU (dominating 60% of the Chinese Internet Search market) is establishing online music download controls in relation to online radio station [...]

Shares of Lehman Brothers dropped nearly 3 percent in after hours trading after the company announced plans to offer up to 3.45 million shares of convertible preferred stock in order to boost cash flow. Although, the investment bank posted higher then expected earnings this quarter, investors are very concerned as Lehman is the company that is most similar in size, structure, and exposure to mortgage based securities as Bear Stearns. Chief Financial Officer Erin Callan stated that the company is planning to reduce its reliance on borrowed funds and lower the amount of leverage risk it is currently undertaking.

Add Lehman Brothers to the list of Wall Street firms that are going hat in hand for more capital in these uncertain times where confidence is wholly absent in the marketplace.  Lehman is selling at least $3bn of new shares to bolster its capital base and end any fears about a cash shortage.  If the share sale goes according to plan it will bolster their capital base.  However, just the fact that they have chosen to tape the public equity markets for $3bn speaks to the weakness of their position. If anything this move may exacerbate fears that the bank has an extremely troubled balance sheet.  This fear may persists even with a $3bn fundraising.  It seems like the smarter move would have been to lineup a large investor or two to take convertible preferreds or put p

Lehman Brothers Holdings Inc. (NYSE: LEH) has just announced that it has "responded to investor interest" with the intent to offer to offer 3,000,000 shares of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Troubled investment bank Lehman Brothers may have been taken for as much as $400 million in a swindle in which con artists used forged documents from one of Japan’s largest trading firms.That loss could amount to more than 80 percent of the $489 million in net income Lehman reported in the three months ending Feb. [...]

Lehman Brothers has been the victim of fraud to the tune of $250 million. According to The Wall Street Journal "swindlers used forged documents from one of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Company Long Name Holder's Name % Stake No of Shares Ansal Buildwell Ltd Lehman Brothres Asia Ltd 3.03 223436 Lakshmi Energy & Foods Ltd Lehman Brotherss Asia Ltd 2.01 229236 Lakshmi Energy & Foods Ltd Lehman Brotherss Asia Ltd 3.33 380774 Lakshmi Energy & Foods Ltd Lehman Brotherss Asia Ltd 3.33 1903870 Lakshmi Energy & Foods Ltd Lehman Brotherss Asia Ltd 3.99 2396154 Lakshmi Energy & Foods Ltd Lehman Brotherss Asia Ltd 4.19 2396154 Spice Communications Ltd Lehman Brothers Opportunity Ltd 1.33 9203339 Edelweiss Capital Ltd Lehman Brothers Netherlands Horions BV 1.8 1350000 Cranes Software International Ltd Lehman Brothers International Europe 2

Goldman Sachs Group Inc's and Lehman Brothers Holdings Inc's credit rating outlooks were cut on Friday by Standard & Poor's, which said volatile markets could result in lower profit and revenue. S&P revised its outlook to "negative" from "stable" on Goldman's "AA-minus" and Lehman's "A-plus" long-term credit ratings, suggesting a possible downgrade in one to two years. The ratings are S&P's fourth- and fifth-highest investment grades, respectively. Lower credit ratings can result in higher borrowing costs. Goldman is the largest Wall Street investment bank by market value, and Lehman is the fourth-largest. Goldman did not immediately return calls seeking comment. Lehman spokeswoman Kerrie Cohen declined to comment. Banks have suffered from lower earnings

After a week in which the market finally seemed to vote that big financial companies will be OK, S&P took the holiday to slam Goldman Sachs (NYSE:GS) and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

When I first saw the following chart of Lehman Brothers' stock, and what it went through these last couple of days, I instantly thought of a person being springed back to life using a crash cart ... charge to 200, clear! ....I don't remember seeing anything like this for a long time now. Still, I think there are some important lessons to learn here.It seems 80% Economy made room for 80% psychology. Panic rules the markets. After Bear Sterns collapsed and sold for under its fixed assets' value there is definitely room for panic. But even that should be controlled. A hint of rumors on Lehman Brothers' liquidity problems caused its stock to crash by almost 40%. That is definitely mass hysteria. It wasn't over then, however, as the next day the stock soared back to previous levels with nothing

US market seems to be in very jolly mood after getting better than expected earnings from two leading bankers. >Goldman Sachs has reported profit after tax of USD 1.51 billion as against USD 3.2 billion, down 53%. Its Q1 net revenues stood at USD 8.34 billion. It has recorded net loss of USD 135 million on [...]

The story is the same every decade or so. Bad economic times cause well-known businesses to fail. They are bought out and merged, and they simply cease to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Arsenal goalkeeper Jens Lehmann has denied making a rude gesture to Germany fans during his country's Euro 2008 qualifying success over Cyprus on Saturday.The veteran shot-stopper appeared to scratch his head with a middle finger which was construed as a gesture aimed at fans who were chanting for Hanover goalkeeper Robert Enke to come on."It's nonsense," Lehmann said after the match. "I've never done anything like that."German Football Association president Theo Zwanziger added: "I will stand up for him here. He knows there's no reason to make gestures that could hurt fans. I know he respects the fans."Meanwhile, Gunners midfielder Tomas Rosicky has returned to the Emirates Stadium after helping the Czech Republic reach the Euro 2008 finals.He played and scored in Saturday's 3-1 triumph over Slovakia but will not feature in the midweek encounter with Cyprus.Rosicky said after the weekend success: "In comparison to our win in Bratislava last year, the Slovaks have quite improved.T

Analysts are beginning to talk about how large the write-downs may be at financial institutions... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

  Greetings to my fellow gooners, Apparently Jens Lehman has given an interview to some Sky Sports News correspondent, and told him that he expects Le Boss to select him as a first keeper for our next match against Bolton,,, and he said that the reason that he was dropped is because he was Injured only!! I won't comment on his thoughts,,, but I would like start a poll on Arsenal's keepers situation, especially that Almunia has conceded 2 goals last match, one of which he was directly responsible for. So who would you prefer to be Arsenal's first choice keeper for the remaining of the season?? Jens Lehman or Manuel Almunia? Let us know below and why. Thank you for voting, Lovely Camel

The media are contrary buggers at the best of times. You think a match has gone one way, the headline writer another and the third way is found by a journalist. It is the same with injuries. William Gallas is due to return to full training today according to Arsenal.com yet The Daily Mail says that is an ‘injury setback’. Bizarre. It is good news about Gallas in that it eases the pressure on the centre of defence should either Toure or Senderos not be available in the coming weeks. Personally, I would prefer Gallas to return against Bolton, the thought of him coming into the side at Anfield brings a shudder following on from last season. Jens Lehmann, it seems, has just started full training which makes the goalkeeping decision for Arsene more imminent than it seemed yesterday. Whilst Almunia will definitely start against Sunderland, looking beyond that is harder. The Spaniard merits his inclusion but whether Arsene sees him as now being his Number One is harder to gauge, L

FLUSHING, N.Y. -- Residents of The Bronx can now receive a good paralegal education without the commute. The Queens College/CEP Paralegal Program has received approval from the American Bar Association to provide a paralegal program at the Lehman College campus. Lehman's program closed last June.The first four Queens/CEP Paralegal courses at Lehman, held in pairs of back-to-back sessions on Saturdays and Sundays, will begin the weekend of October 13, 2007, and continue through early to mid-December, depending on the class. The schedule includes Introduction to the Law and Ethics, Legal Writing for Paralegals, Legal Research, and Litigation I. These classes are essential for paralegal certification, which involves completion of five required courses and seven electives. For more information, visit the Queens College Web site at www.qc.cuny.edu/cep.

It's better than donuts!There's a great read today in the Wall Street Journal....On the face of it, Morgan Stanley appears to be suffering more indigestion from its voracious appetite for financing leveraged buyouts than Lehman Brothers. The larger Wall Street firm's third-quarter earnings came in 11% under estimates, while its rival actually beat expectations. What's more, Morgan Stanley took a larger hit from writing down loans and securities. But these numbers are misleading.For starters, Lehman's overall results benefited from a remarkably low tax rate that was almost a fifth lower than the rolling average of the previous four quarters. Without it, the investment bank would have missed estimates by about five cents -- still less than Morgan Stanley, whose tax rate increased, but a miss nonetheless.But the real juice stems from how the two accounted for loans to leveraged deals. Both had bulked up after jumping in belatedly. When he returned to Morgan Stanley two years ago, Ch

BNC Mortgage is a case of how things can go so horribly wrong, so fast in the mortgage business. As recently as 2006, BNC Mortgage was a leader mortgage lender, providing more $14 billion in home loans. Now BNC Mortgage has been shut down by Lehman, in a move that will cost the bank a massive $50 billion. Although BNC Mortgage is being shut down, Lehman will still offer mortgages and home loans via another of their mortgage services, Aurora Loan Services. However, unlike BNC Mortgage, this company focuses on more creditworthy customers. Lehman stock is down 24% this year so far and the shut down of BNC Mortgage is not going to help matters. What do you think about BNC Mortgage being shut down? Source Written by Roy for Product ReviewsIn Sections: Business, News

Chart courtesy of stockchartsShares of Lehman Brothers Holdings were up just 0.38$ to 76.06$ after company said Tuesday robust stock and bond trading pushed second-quarter profit up 31 % year-over-year. For the three months ended May 31, profit after paying preferred dividends rose to $1.26 billion, or $2.21 per share, from $986 million, or $1.69 per share, a year earlier. Lehman shares have been in focus all day with nearly 14 Million shares traded. Looking at the daily chart stock has broke a key resistance as show the white line, and following today share price reaction ( black candle) probably it will test this support ( previous resistance ) area soon now at 74.76$. MACD and RSI are in territory Bullish without no signs of trouble for now, however CCI maybe a litlle extended.It seems to me that stock will develop a new uptrend at this level, let's see.Chart courtesy of stockchartsULTR may be ready to breakout !!Looking at the chart stock has had a nice run over the past few month

Lehman Brothers Holdings Inc., the nation's fourth-largest investment bank, says robust stock trading and buyout business pushed second-quarter profit up 27 percent, in what may be a harbinger for...

Procter & Gamble (PG) was downgraded to equal-weight from overweight at Lehman Brothers, which said it will be "tough" for the Dow industrials component to deliver above-average returns. "As we see it, P&G's business is healthy, but without much upside to fiscal 2008 margins versus our estimates nor likelihood of sustained re-acceleration in revenue growth," the broker said. On Monday I posted the very same sentiment is less esoteric terms. It is simple, huge discounts are a sign of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Birth Date: May 3, 1970. Location: Toronto, Ontario, Canada (grew up in Vancouver) Best Known Roles: Poltergeist: The Legacy, Judging Amy, G-Spot As with Drive co-star, Nathan Fillion, Kristin Lehman is Canadian born, and has a strong background in the science fiction and horror genres (plus eight years of training at Canada's Royal Academy of Dance -- unlikely to help her here). Kristin Lehman

It's deja vu all over again for the Broker/Dealer index, with the index sliding below its 200 day moving average once again. The last time this happened, the XBD staged a strong rebound the following session. Notice on the chart that 225 has been key support. I may take half the LEH put position off the table if 225 is a rebound point today. If the 225 area fails, I am going to stay in. Lehman

Thestreet.com's Wall Street confidential features Jim Cramer talking about how he would push down shares of Goldman Sachs ahead of their earnings this week through the use of put options. http://www.thestreet.com/_yahoo/video/index.html?clipId=1373_10343608&channel=Cramer+On+Demand