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User Info LEH issues statement in forum [NotSoBreaking]
Tuneman
Posts: 500
Incept: 2008-02-25

St. Louis
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We don't need to raise capital but we are doing it anyway to satisfy market perception.

Whoa..I thought I have seen it all, but this is beyond me.

2008-06-03 08:42:56
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Noobage
Posts: 472
Incept: 2008-03-09
Pigmen's Planet
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LOL !!!

2008-06-03 08:43:35
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Akula
Posts: 1809
Incept: 2007-10-01

Moscow
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Double LOL!

Didn't they have some lame excuse about hitting the Discount Window back in March/February? Something about "just wanted to check it out" or some such bull****.

Last modified: 2008-06-03 08:47:05 by akula

2008-06-03 08:46:26
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Theone
Posts: 6865
Incept: 2007-08-07
They crucified the only PERFECT one
Banned
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"market perception" ------> bank run. Hmmmmmmm?

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Let me know when the DENIAL of who runs everything is over. Until then enjoy the circle jerk. I'm going fishing.

State of the Union --->
http://www.mindspring.com/~lcruiser/Stat....
2008-06-03 08:46:57
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Prospektor
Posts: 2448
Incept: 2007-07-19

Stockholm, Sweden
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LC....whats is the golfer dude doing, is he farting?

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Mongo like
2008-06-03 08:49:50
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Fourredfish
Posts: 3324
Incept: 2007-06-26

Seattle - Where Spencer Elden's penis became famous.
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Well with that statement we finally get some transparency. Who can't see through that.

2008-06-03 08:50:54
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Akula
Posts: 1809
Incept: 2007-10-01

Moscow
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Yeah man what's up with that avatar? Can't decide whether its a pulsating pussy, a guy getting a jack, or what.

2008-06-03 08:52:11
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Theone
Posts: 6865
Incept: 2007-08-07
They crucified the only PERFECT one
Banned
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golf Nazi pounding his putter, it was late.

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Let me know when the DENIAL of who runs everything is over. Until then enjoy the circle jerk. I'm going fishing.

State of the Union --->
http://www.mindspring.com/~lcruiser/Stat....
2008-06-03 08:56:27
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Pooslinger
Posts: 1062
Incept: 2007-11-06

Illinois
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I guess that is the stick save we've been waiting on.

2008-06-03 08:57:58
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Prospektor
Posts: 2448
Incept: 2007-07-19

Stockholm, Sweden
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not a very big stick, LOL LC back to the drawing board on that one. That was after how many rum and cokes?

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Mongo like
2008-06-03 09:00:06
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Provocateur
Posts: 540
Incept: 2007-09-06

Melbourne, Australia
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Maybe it's due to even more "investor demand".

2008-06-03 09:04:27
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Pooslinger
Posts: 1062
Incept: 2007-11-06

Illinois
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Stick Save 2 out just moments ago. Bernake states "2nd half of the year will present higher growth with the 2009 contining to present good growth"

2008-06-03 09:07:27
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Noobage
Posts: 472
Incept: 2008-03-09
Pigmen's Planet
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for sure, along with 43% food inflation

2008-06-03 09:13:44
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Otc_buzzard
Posts: 655
Incept: 2007-07-13

Denver
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I would bet the bank run on LEH is already underway. If you had any significant funds there why would you even think twice about moving to a more stable IB?

This is BSC is slow motion.

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Wallstreet is a corrupt insiders game. When they ask for a bailout tell them to **** off!!
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Everything I post is JMHO, take it as such.
2008-06-03 09:17:01
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Weezie
Posts: 3601
Incept: 2008-05-19
A True American Patriot!
Obama's personal message to the American people...
Online
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I got your market perception right here:

[bldgjump]

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Do not write below this line.
2008-06-03 09:21:03
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Iflyjetzzz
Posts: 5164
Incept: 2007-07-29
A True American Patriot!
San Antonio, TX
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Looks like the premarket pop's fading.

BSC's CEO made a similar statement - adequate liquidity - less than a week before their collapse.
There's no one that can provide a safety net for LEH; this could be the waterfall that we're waiting for.

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Debt is slavery. If you can't pay cash, you can't afford it.

Starve the beast!
2008-06-03 09:29:34
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Eli
Posts: 3844
Incept: 2007-09-10
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With what happened over in the UK yesterday you would have to be a complete idiot to leave your money with Leh.


2008-06-03 09:33:05
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Curiousfsh
Posts: 932
Incept: 2007-07-26
A True American Patriot!
NYC
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What happened yesterday, Eli? I must have missed that. TIA.

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"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former." - Albert Einstein
2008-06-03 09:36:10
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Coolhandluke
Posts: 5637
Incept: 2007-12-19

Out of the box
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The TOS 144 tick chart on LEH looks like a heart attack in progress.


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It's not that I'm lazy, I just don't give a **** anymore.
2008-06-03 10:08:08
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Eli
Posts: 3844
Incept: 2007-09-10
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Curiosfsh, UK mortgage lender Bradford & Bingley stock took it in the shorts. They announced that they were short and would be diluting shares just like all these jokers have been doing. Instead of supporting the current stock price which is what has been happening it collapsed it.

There was a good piece on Bloomberg about it, it did not go unnoticed in economic circles. If it starts happening to larger banks it means the game is up and we get into a very large death spiral situation.

If the market tells the Banks we do not want your **** stock any more and current holders finally wake up and realize what these dilutions are doing to their holdings it is game over. If the Fed support is not enough and then on top of that the market will not help them raise capitol, what is next for them?


Last modified: 2008-06-03 10:40:07 by eli

2008-06-03 10:31:59
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Oxfordrick
Posts: 2685
Incept: 2007-07-09

san diego
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Time for LEH to catch a bid...all IBs be nice to LEH please or you're
next, I've sold some JUNE 30 puts for a 130 IV.

But if I'm wrong that's OK too.

2008-06-03 10:53:23
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Turtle
Posts: 998
Incept: 2007-11-03
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You're naked short june 30s? You either have bigger balls than hedgie or a very very small brain

2008-06-03 10:54:45
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Oxfordrick
Posts: 2685
Incept: 2007-07-09

san diego
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very very very small brain

2008-06-03 10:56:40
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Marginnayan
Posts: 10460
Incept: 2007-06-27

Dallas Forth Worth Metro, Texas
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peanut size or what ?

ERs on June 16th.

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"The whole purpose of this ****ing US Fed is to make Banksters richer and Midle Class Americans poorer with each passing day. No More. Abolish the US Fed right here, right now. - Me

Last modified: 2008-06-03 11:13:36 by marginnayan

2008-06-03 11:10:31
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Oxfordrick
Posts: 2685
Incept: 2007-07-09

san diego
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smaller

2008-06-03 11:18:06
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