While the stock is down -29% from that high, it continues to make lower highs on rallies, and lower lows on selloffs. If in fact the rumor mongers are right, and someone is looking to "take under" Lehman (LEH), Goldman would be on the short list of companies with the theoretical liquidity and currency to do so. If Goldman bids for Lehman, I want to be short GS.
I do not want to be naked long any brokerage stock. Long LEH, short GS (using a $176.86 stop loss).
(chart courtesy of stockcharts.com)