No, that's not a misspelling. A friend of mine, whose last name is two-N Lehmann, worked for the one-N Lehman Bros. awhile back. Despite the different spelling, he was sometimes able to get special privileges (without pretending to be related to the founders). Nothing big. I doubt that he had anything to do with the Brothers' current disgrace. But it says something about how solid these companies are.
>From SLATE: > The New York Times leads with, and the Wall Street Journal fronts, the increasing fears that Lehman Brothers might be on its last legs. Sparked by concern that a planned investment by a Korean bank would fall through, investors dumped Lehman's stock and erased almost half of the firm's value in one day... >The fears surrounding Lehman had a reverberating effect on the rest of the >stock market and more than wiped out gains made in Monday's rally after the >government announced the takeover of Fannie Mae and Freddie Mac. The >uncertainties are compounded by the fact that many don't think the government >will come to Lehman's rescue. "Some may worry that Treasury has taken on so >much taxpayer burden they don't have any remaining capacity more to take on >the burdens of Lehman," one analyst said. Now the 157-year-old institution >continues on what the NYT calls "a fight for its life" as executives >desperately seek investors who could save it from extinction. < -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
