Lehman Brothers: No Plan, But Thinking About One
Charlie Gasparino reports that over at Lehman Brothers...nothing much is happening. But! There is heresay and speculation that something might happen, namely that LEH will sell off the family jewels, a dead giveaway that other harebrained schemes to come up with the necessary scratch have failed. As for the 18 percent drop, Felix Salmon reports that no one has a clue "[but one thing] is clear: it's sinking." Think he's wrong? E-mail us your theory and we'll offer it to the crowd. As you know, we'll run practically anything.
Lehman Is Moving Closer to Selling Neuberger Unit [CNBC]
Lehman's Volatility [Portfolio]