On Sun, Sep 27, 2009 at 10:21 PM, Perelman, Michael <[email protected]> wrote: > That happens quite a lot, but Lehman was not really considered that > vulnerable at the time. >
I have to disagree, Michael. After Bear Stearns collapsed, it was open season on the banks and Lehman was widely perceived to be the most vulnerable of the remaining IBs. Then and only then did the majority of the shorts pile on to Lehman. -raghu. -- "I bought some batteries, but they weren't included." - Steven Wright _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
