Ladenburg analyst Dick Bove knows who's to blame for the "pounding" Lehman Brother's has been taking. Bove told Bloomberg that you needn't look any further than the wicked short sellers, who are spreading rumors about the bank, in "a concentrated effort to break Lehman," a campaign he thinks might be successful because "it worked with Bear." Damning! Sadly, Bove did not mention any specific names but, knowing the analyst, and how he reacts to man troubles, one need only look to his romantic falling outs for obvious clues, including but not limited to Steve Cohen getting a little too pushy about "going new places together" on the first date, and L-train losing interest and not calling back after Bove finally booked a ticket on the Robbins Express.
Lehman Takes `Pounding' as Speculation Hurts Shares [Bloomberg]
Dick Bové Reenters The Spotlight In Manner Befitting Dick Bové
When regular old bank analysts switch firms, people don't tend to make a big deal about it. Gardening leave is taken, contracts are signed, key cards are distributed, new business cards are printed. Sometimes you'll get an email address with updated contact information. That's usually it. Dick Bové, as you all know, however, is no regular bank analyst. Which is following his departure from Rochdale Securities, potential employers didn't interview him, he interviewed them, why his son/spokesman, Joe Bové sent out a press release announcing the final countdown to Bové Day, and why, when that blessed day arrived, it was celebrated with a three-course banquet and a little something called the Dick Bové Banking Manifesto.
Dick Bové Assures Fans It'll Be But A Few Short Weeks Until They're Reunited Again
Last month, "noted bank analyst" Dick Bové informed the people that after careful consideration, he had finally selected the lucky winner of the Dick Bové Sweepstakes, tapping Rafferty Capital Markets LLC to be his new employer over a large pool of suitors banging down his door. Today, Bové's colleague/unofficial spokesman/son none of us knew about until now sent a letter to clients containing good news and bad news.