Hedge funds?
Sov. Wealth Fund? Willy
http://www.reuters.com/article/businessNews/idUSN2728986020080327 “Other traders, who declined to be identified, echoed Bolton’s assessment for the reason behind the drop in Lehman’s shares. In addition, large bearish bets on Lehman in options markets contributed to selling pressure, some traders said.” “The U.K.'s Times reported on March 19 that the U.S. Securities and Exchange Commission (SEC) was probing whether hedge funds and other market players deliberately circulated false rumors about Lehman Brothers to push the company’s shares lower.” “Lehman said on March 18 that its holding company has $34 billion of assets it could easily sell, and another $64 billion of assets it could borrow against. Regulated subsidiaries have another $99 billion of assets it could borrow against.”
Jamie Dimon??
I heard Whitney Tilson say that Lehman has been understating their exposure to the toxic debtworld. (doing my part to spread the rumor without a clue of what is really going on)
Hmmm…yeah well the guys at Fidelity say that’s b.s. Willy
Lol. Fast Forward 10 years.