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]