Possibly not. We'll see. The Fed was expected to bail Lehman. We'll see if it goes through. There's also talk about a bailout from Goldman Sachs and JPMorgan. We'll probably know in... oh... 13 hours or so.
Err... Nevermind. They've announced the deal. Might indicate that GS and JPM are too weak to bail out themselves... GS was shorted like mad today.
__________________
"Moral indignation is jealousy with a halo." -H.G. Wells The Wife of Sir Isaac Harman
Last edited by ThoughtAddict; 09-17-2008 at 02:15 AM.
|