I Am Very Disappointed In This Quarter’s Results
Indeed, that’s way above expectations. Stock currently at 30.15 , off the lows.
Lehman Loses $2.8 Billion, Plans to Raise $6 Billion
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Recent Entries - #Links
- Out of Stock
- Fragile Finance
- Corrigan III
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- Containing Systemic Risk: The Road to Reform
- LIBOR
- #Links
- Picture of the Day: Share of US ABS CDO Notes Downgraded
- Credit Risk Transfer – Developments from 2005 to 2007
- What is TOP?
- Auctions of TSLF Options
- Fed: TAF Extended
- Payday: Pictures
- Merrill Number Crunching, Ultra Short Edition
- CDS Contracts Could Change
- ABX: Writedowns Picking Up
- Payday for the Monolines
- Debt Ceiling: Up $800bn to $10.615tn
- “Stop Excessive Energy Speculation Act of 2008”
- Worst TSLF of all Times
- German Bonds
- Dramatic Drop in Short-Selling of Fannie and Freddie
- Enterprise Credit Default Swaps and Market Discipline
- TSLF
- Short Sellers: June Was Best Month in 7 Years
- U.S. Treasury Default Swaps: New Record
- Fannie and Freddie: Rescue Links
- Freddie: Still Breathing
- CDS: Fannie Tighter, US Wider
- Stocks for the Long Run, Fannie and Freddie Edition
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- “Short and Distort” Crowd Doesn’t Want You to Read This
- Hot Mike Statement
- International Role of the Euro
- Derivatives: OCC Edition
- Dow Jones in Euros
- Derivatives Trading: Banks Recover
- Ambac
- Oil Spike: Credit Crunch Theory
- ABX: First Writedowns
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- NY Fed Loan to JPMorgan for Bear
- LIBOR vs NYFR
- New OCC Mortgage Metrics Report
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- OIS
- Quote of the Day: Vikram Pandit
- Financial Guarantors in the Financial System
- The Chronology and Links of Propagation of the Sub-Prime Shock across Structured Finance Markets
- Reverse of the Law of Large Numbers
- I Am Very Disappointed In This Quarter’s Results
- New Bond Math: -2 + -2 = 4
- ABCP for Auction-Rate Rescue ?
- CDS: Central Counterparty on the Way
- Libor Changes: NONE
- JPM on the WSJ’s Dodgy Libor Analysis
- Libor Analysis: Wall Street Journal Edition
- Mishkin Resigns
- #Links
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June 10th, 2008 at 2:27 pm
Well,
As of right now, LEH has blown a hole in the new offering price. That can’t be good news for them. I’d like to think that the actual results will be better than the estimates — they’ll look pretty foolish if they aren’t.