Lehman (LEH): No Government Bailout For Fuld...

09/08/08 04:50PM EDT
With Paulson tying the US government's balance sheet up with the GSE's and a dance with the FDIC pending, investors are wondering when, where, or if there is capacity on the balance sheet to deal with another investment bank’s issues... LEH closed down -13% today on more than 2x average daily volume (using the last 10 days of trading as the avg). Someone knows something.
  • LEH's short term downside support now rests at $12.65
    KM
chart courtesy of stockcharts.com
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