Lehman (LEH): Is Korea The Answer To The Transparency Problem?

08/22/08 11:06AM EDT
So now Singapore is going to own Merrill Lynch and Korea is going to own Lehman Brothers. Hmmm... Sounds like we are definitely on the right track to solve the transparency problem in the US Financial system, doesn’t it!

If you think that selling our said trophy Wall Street investment banks to governments who don't disclose anything is a good thing, run out and buy yourself some US Financials today.

This looks like a game of ‘Monopoly’ where we are parceling off Wall Street due to foreclosure.
KM
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