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Sep
12
Filed Under (Market News, Uncategorized) by admin on 12-09-2008

I was going to pick up a few shares of Lehman but after hearing Henry Paulson say he wont use government to help with the acquisition I couldn’t pull the trigger. Without government backing, Leh will most likely be low balled or at take an extended time to find a suitable offer. However, I don’t really Paulson will just sit back and might just be bluffing to save the government some money. If they save BSC, why can’t they help LEH? Too bad I wont be here to see the conclusion of this because I will be in LA but if anything breaks, I’m willing to dump a little bit of capital into a hunch.

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