Comments on: Lehman Expected to Post Another Loss http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss.html Sun, 22 Nov 2009 03:36:02 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: S http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss.html#comment-13149 S Mon, 18 Aug 2008 20:05:00 +0000 http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss/#comment-13149 Looking increasingly diffiult to get oxygen. LEH reportedly having problems shopping its CMBS portfolio. You think? As the cost of debt rises (Amex 400 bps off treasury on Friday) the choke hold gets tighter. Bloomberg goes on to wonder what isntitutions are worth saving? Earnings season shousld be interesting. Clearly the companies are trying to get out in front with estimate cuts coming earlier by an inch. The upside suprise will be credit deterioration which will be accretive to earnings and help offset some of the charges (what a world!). The cruches are failing, wheelbarrows next. Looking increasingly diffiult to get oxygen. LEH reportedly having problems shopping its CMBS portfolio. You think? As the cost of debt rises (Amex 400 bps off treasury on Friday) the choke hold gets tighter. Bloomberg goes on to wonder what isntitutions are worth saving? Earnings season shousld be interesting. Clearly the companies are trying to get out in front with estimate cuts coming earlier by an inch. The upside suprise will be credit deterioration which will be accretive to earnings and help offset some of the charges (what a world!). The cruches are failing, wheelbarrows next.

]]> By: S http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss.html#comment-13148 S Mon, 18 Aug 2008 20:04:00 +0000 http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss/#comment-13148 Looking increasingly diffiult to get oxygen. LEH reportedly having problems shopping its CMBS portfolio. You think? As the cost of debt rises (Amex 400 bps off treasury on Friday) the choke hold gets tighter. Bloomberg goes on to wonder what isntitutions are worth saving? Earnings season shousld be interesting. Clearly the companies are trying to get out in front with estimate cuts coming earlier by an inch. The upside suprise will be credit deterioration which will be accretive to earnings and help offset some of the charges (what a world!). The cruches are failing, wheelbarrows next. Looking increasingly diffiult to get oxygen. LEH reportedly having problems shopping its CMBS portfolio. You think? As the cost of debt rises (Amex 400 bps off treasury on Friday) the choke hold gets tighter. Bloomberg goes on to wonder what isntitutions are worth saving? Earnings season shousld be interesting. Clearly the companies are trying to get out in front with estimate cuts coming earlier by an inch. The upside suprise will be credit deterioration which will be accretive to earnings and help offset some of the charges (what a world!). The cruches are failing, wheelbarrows next.

]]> By: Skeptical http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss.html#comment-13145 Skeptical Mon, 18 Aug 2008 18:43:00 +0000 http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss/#comment-13145 The last losing quarter - right. The last losing quarter – right.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss.html#comment-13130 Anonymous Mon, 18 Aug 2008 11:21:00 +0000 http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss/#comment-13130 It's kinda of funny, how we've become so desensitized to LEH's shenanigans and swindles.<br/><br/>Oh well, if the stock holders don't care, why should I....?<br/><br/>Best regards,<br/><br/>Econolicious It’s kinda of funny, how we’ve become so desensitized to LEH’s shenanigans and swindles.

Oh well, if the stock holders don’t care, why should I….?

Best regards,

Econolicious

]]> By: doc holiday http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss.html#comment-13114 doc holiday Mon, 18 Aug 2008 05:17:00 +0000 http://www.nakedcapitalism.com/2008/08/lehman-expected-to-post-another-loss/#comment-13114 As an additional thing:<br/><br/>Costs of credit debacle worsen<br/>http://business.theage.com.au/business/costs-of-credit-debacle-worsen-20080818-3x6w.html<br/><br/>BusinessDay revealed on Saturday - via leaked client information of US investment bank Lehman Brothers - subprime exposures held by local councils, charities, churches, super funds, semi-government agencies and public companies across the nation.<br/><br/>Further, 20 councils have signed up for a class action lawsuit claiming misleading and deceptive conduct by Lehman in selling collateralised debt obligations (CDOs).<br/><br/>Lehman data shows that Australia has been a dumping ground for fancy structured products such as CDOs, and the damage is yet to be realised.<br/>Further, these numbers ($2billion exposure across Australia to Lehman funds under management - most of which are CDOs) tell only half the story As an additional thing:

Costs of credit debacle worsen
http://business.theage.com.au/business/costs-of-credit-debacle-worsen-20080818-3×6w.html

BusinessDay revealed on Saturday – via leaked client information of US investment bank Lehman Brothers – subprime exposures held by local councils, charities, churches, super funds, semi-government agencies and public companies across the nation.

Further, 20 councils have signed up for a class action lawsuit claiming misleading and deceptive conduct by Lehman in selling collateralised debt obligations (CDOs).

Lehman data shows that Australia has been a dumping ground for fancy structured products such as CDOs, and the damage is yet to be realised.
Further, these numbers ($2billion exposure across Australia to Lehman funds under management – most of which are CDOs) tell only half the story

]]>