World to Lehman: Sure You're Making Money. Just Not Enough

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As we mentioned this morning, Lehman brothers made a billion bucks last quarter and trumpeted it in this morning's press release. Despite a 47% increase in earnings, shares of Lehman fell today.
A former Lehman trader who still owns shares and options in his former employer expressed his dismay to us in language suitable for late-night cable television and SEC filings.
Sector Snap: Brokers Fall [Associated Press in the Houston Chronicle]

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