Lehman Bailout this Weekend (Bear Stearns replay)

[jficquette]

[quote=patientlywaiting]Considering how Wamu and Lehman shares have dropped recently, I’m leaning towards the Fed making an example out of those institutions.

Lehman has access to the discount window where their can park their junk for some time. Bear Stearns didn’t have that option.

I believe that Bear Stearns was bailed-out with the hope of stemming the crisis. But now that Fannie and Freddie have been taken over, it’s time to let the invisible hand of market work its magic.

[/quote]

I tend to agree with you. I think that they tell Wall Street to handle it and if they can’t then they will let Lehman go under.

This “emergency meeting” the goverment is having today over Lehman may be more of a get together to decide on a course of action if Lehman fails and not so much as a meeting on how to save them.

John

[patientlywaiting]

[quote=Bubblesitter] Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?
[/quote]

Well, Wall Street figured that anything larger than Bear Sterns will get bailed-out. So they’re waiting for their hand-outs.

The bail-outs are sending the wrong message to the homeowners waiting for their white knights as the phantom inventory sits and sits.

Greenspan this morning on ABC’s This Week
http://abcnews.go.com/Video/playerIndex?id=5798760

http://blogs.abcnews.com/politicalradar/2008/09/greenspan-to-st.html

[patientlywaiting]

[quote=Bubblesitter] Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?
[/quote]

Well, Wall Street figured that anything larger than Bear Sterns will get bailed-out. So they’re waiting for their hand-outs.

The bail-outs are sending the wrong message to the homeowners waiting for their white knights as the phantom inventory sits and sits.

Greenspan this morning on ABC’s This Week
http://abcnews.go.com/Video/playerIndex?id=5798760

http://blogs.abcnews.com/politicalradar/2008/09/greenspan-to-st.html

[patientlywaiting]

[quote=Bubblesitter] Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?
[/quote]

Well, Wall Street figured that anything larger than Bear Sterns will get bailed-out. So they’re waiting for their hand-outs.

The bail-outs are sending the wrong message to the homeowners waiting for their white knights as the phantom inventory sits and sits.

Greenspan this morning on ABC’s This Week
http://abcnews.go.com/Video/playerIndex?id=5798760

http://blogs.abcnews.com/politicalradar/2008/09/greenspan-to-st.html

[patientlywaiting]

[quote=Bubblesitter] Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?
[/quote]

Well, Wall Street figured that anything larger than Bear Sterns will get bailed-out. So they’re waiting for their hand-outs.

The bail-outs are sending the wrong message to the homeowners waiting for their white knights as the phantom inventory sits and sits.

Greenspan this morning on ABC’s This Week
http://abcnews.go.com/Video/playerIndex?id=5798760

http://blogs.abcnews.com/politicalradar/2008/09/greenspan-to-st.html

[patientlywaiting]

[quote=Bubblesitter] Everyone knew Lehman was in very bad shape 8 months ago. What took so long to try to resolve this?
[/quote]

Well, Wall Street figured that anything larger than Bear Sterns will get bailed-out. So they’re waiting for their hand-outs.

The bail-outs are sending the wrong message to the homeowners waiting for their white knights as the phantom inventory sits and sits.

Greenspan this morning on ABC’s This Week
http://abcnews.go.com/Video/playerIndex?id=5798760

http://blogs.abcnews.com/politicalradar/2008/09/greenspan-to-st.html

[kev374]

We need Lehman to collapse and have a systemic meltdown. This is a GOOD thing. There may be a lot of short term pain but it will clean out the system and all the bad risk will be accounted for and we can begin anew.

We cannot expect the government to intefere in free markets like this…it is ludicrous! Every single troubled industry now has it’s hands out for a bailout from the government. As Rogers said it’s “socialism for the rich”. We’re privatizing the profits and socializing the losses. Lehman needs to fail, they took the risks and knew the outcomes.

[kev374]

We need Lehman to collapse and have a systemic meltdown. This is a GOOD thing. There may be a lot of short term pain but it will clean out the system and all the bad risk will be accounted for and we can begin anew.

We cannot expect the government to intefere in free markets like this…it is ludicrous! Every single troubled industry now has it’s hands out for a bailout from the government. As Rogers said it’s “socialism for the rich”. We’re privatizing the profits and socializing the losses. Lehman needs to fail, they took the risks and knew the outcomes.

[kev374]

We need Lehman to collapse and have a systemic meltdown. This is a GOOD thing. There may be a lot of short term pain but it will clean out the system and all the bad risk will be accounted for and we can begin anew.

We cannot expect the government to intefere in free markets like this…it is ludicrous! Every single troubled industry now has it’s hands out for a bailout from the government. As Rogers said it’s “socialism for the rich”. We’re privatizing the profits and socializing the losses. Lehman needs to fail, they took the risks and knew the outcomes.

[kev374]

We need Lehman to collapse and have a systemic meltdown. This is a GOOD thing. There may be a lot of short term pain but it will clean out the system and all the bad risk will be accounted for and we can begin anew.

We cannot expect the government to intefere in free markets like this…it is ludicrous! Every single troubled industry now has it’s hands out for a bailout from the government. As Rogers said it’s “socialism for the rich”. We’re privatizing the profits and socializing the losses. Lehman needs to fail, they took the risks and knew the outcomes.

[kev374]

We need Lehman to collapse and have a systemic meltdown. This is a GOOD thing. There may be a lot of short term pain but it will clean out the system and all the bad risk will be accounted for and we can begin anew.

We cannot expect the government to intefere in free markets like this…it is ludicrous! Every single troubled industry now has it’s hands out for a bailout from the government. As Rogers said it’s “socialism for the rich”. We’re privatizing the profits and socializing the losses. Lehman needs to fail, they took the risks and knew the outcomes.

[peterb]

If nothing is done, there will be blood all over the Street on Monday. There will probably be some kind of “garauntee” from the Fed. to back stop the deal. There’s way too much counter party risk on this failure. If the DOW isnt in the 9000’s by December, I would be shocked.

[peterb]

If nothing is done, there will be blood all over the Street on Monday. There will probably be some kind of “garauntee” from the Fed. to back stop the deal. There’s way too much counter party risk on this failure. If the DOW isnt in the 9000’s by December, I would be shocked.

[peterb]

If nothing is done, there will be blood all over the Street on Monday. There will probably be some kind of “garauntee” from the Fed. to back stop the deal. There’s way too much counter party risk on this failure. If the DOW isnt in the 9000’s by December, I would be shocked.

[peterb]

If nothing is done, there will be blood all over the Street on Monday. There will probably be some kind of “garauntee” from the Fed. to back stop the deal. There’s way too much counter party risk on this failure. If the DOW isnt in the 9000’s by December, I would be shocked.

[Author]

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