¡Qué pena! ¡No haber tenido vendidos unos cuantos futuros desde hace diez días!

La de millones de pringaos que estarán palmando cinco duros para que unos cuantos listos se estén embolsando millones y millones de dólares con la caida.

Cuando la bolsa se mueve (para arriba o para abajo) siempre hay listos que ganan pasta a montones. Los pringadillos de siempre la palmarán come dabitude.

Ha pasado igual con la estafa piramidal del ladrillo. Los cuatro o cinco pringadillos son los que han comprado en el pico de la pirámide. Los que compraron en el 2005 o más atrás son felices poseedores de su zulito comprado a buen precio. Y a los empresarios, los tahures y matones de la estafa piramidal, los sacará adelante el Cejas, asi que serán cuatro soplagaitas mileuristas que se metieron por encima de sus posibilidades los verdaderos jodidos (los mismos de siempre).

ESTO ES TREPIDANTE FOREROS AMADOS:

Recién sacado de la edic. digital del "The Times" on line:

LAS ACCIONES DE LEHMAN SE DESPLOMAN ALREDEDOR DEL 50 % DESPUES DE QUE RESURJAN LOS MIEDOS

September 11, 2008

Lehman shares plunge nearly 50% after fears resurface

Tom Bawden and Suzy Jagger, New York
Shares in Lehman Brothers dived by nearly 50 per cent to a 13-year low as the market opened after analysts raised concerns that the investment bank's restructuring plan was not enough to solve its funding crisis.

The bank's stock plunged to $3.88 after a string of analysts at banks including JPMorgan, Wachovia, Goldman Sachs and Citigroup increased their loss estimates for the group and reduced their outlook for its shares.

The fall in Lehman's share price dragged down others in its sector including Merrill Lynch, which lost 14 per cent to $20.02. Concerns about continuing losses from mortgage-related bonds forced shares in Washington Mutual down by $0.56, or 24.14 per cent, to $1.76 in New York trading.

As a result, the Dow Jones industrial index fell by more than 170 points in early trading before touching 11,189.70 after losing 83.75 points.

Related Links
Lehman Brothers: a turbulent history
Lehman dives 45% after losing Korean lifeline
Lehman tries to buy time with dividend cut
In London, the FTSE 100 index of leading shares closed down 49 at 5,317.

Analysts downgraded their expectations after Lehman announced on Tuesday a record quarterly loss of $3.9 billion (£2.2 billion) for the third quarter and said it would spin off up to $30 billion of distressed commerical property assets and sell 55 per cent of its asset management business.

Prashant Bhatia, an analyst at Citigroup, reduced his recommendation on Lehman’s shares from "buy" to "hold", on the basis that "confidence and perception issues are overwhelming Lehman’s franchise."

Meredith Whitney, an analyst at Oppenheimer & Co, increased her estimate for Lehman’s loss this year from $6.67 a share to $10.24 a share. She said: "Lehman still faces challenges to earnings given a lower capital market environment for the next several quarters and further writedowns to its risk exposures."

Meanwhile, new data showed that the number of people filing claims for unemployment insurance fell to 445,000 in the week ended September 6, as companies cut staff to help boost profits in a slowing economy.

Compro Lehman por diez euros ... espero acertar con mi inversión.

Creo que Bush necesita otra guerra pronto antes de que todo se derrumbe !

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La Basura | La Caca | El vómito | El asco |La Repugnancia


Borja Mateo: Comprarse un piso antes de 2015-16 es de locos

"Predigo la felicidad para los americanos si pueden prevenir que el gobierno desperdicie los esfuerzos de la gente bajo el pretexto
de cuidar de ellos."
Thomas Jefferson

Y eso que esperaban que el marrón se lo comiese el negro...

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Odio al PPSOE



«Los tiempos en los que se estaba dispuesto a pagar cuarenta millones de pesetas por un piso que valía veinte se han acabado»


*Todos los comentarios escritos con: Animus iocandi

Pues mira, igual te interesa esta informacion que publica el más solvente diario economico de Berluscolandia (antes Italia, una PIG, por cierto...):

"Paradoja subrprime: Lehman Brothers vale menos que la Cajita Popolare de Sondrio"


Aqui puedes practicar la hermosa parla de Dante Aligheri:


Paradosso subprime: Lehman Brothers vale meno della Popolare di Sondrio
di Eleonora Micheli

commenti - | | 11 settembre 2008



La crisi subprime americana ha messo al tappeto i colossi delle case di investimento d'Oltreoceano, simboli della finanza mondiale. Al punto che, dopo l'ulteriore tonfo di oggi, la capitalizzazione di Lehman Brothers (intorno alle 19 italiane di giovedì le azioni accusano un calo del 32%) è inferiore a quella della Popolare di Milano e della Popolare dell'Emilia Romagna. Più o meno in linea con quella della Popolare di Sondrio.

Anche le big Morgan Stanley, Merrill Lynch e Goldman Sachs valgono meno, almeno tenendo conto dei prezzi di Borsa, delle nostrane Unicredit e IntesaSanPaolo. In verità per valutare gli istituti occorre tener conto del valore degli asset, delle attività, nonché dell'esposizione finanziaria di ciascun istituto. D'altra parte il mercato, con le proprie quotazioni, fornisce sempre una buona misura del polso. Numeri alla mano Lehman Brothers oggi capitalizza circa 3,4 miliardi di dollari, ovvero 2,47 miliardi di euro (tenendo conto dell'attuale cambio euro-dollaro a 1,3927). Insomma quanto la Popolare di Sondrio, o forse meno se se prendessimo in considerazione i minimi toccati oggi dalle azioni della banca d'affari Usa (la capitalizzazione dell'investment bank e' scivolata fino a 2 miliardi di euro).
L'istituto milanese presieduto da Roberto Mazzotta, ai corsi di Borsa vale 2,7 miliardi e la Bper 2,8 miliardi. Sempre in termini di paragone, Lehman vale meno della metà della banca d'affari italiana Mediobanca (7,6 miliardi). Molto meno anche del Monte dei Paschi (9,9 miliardi), di Ubi (9,5 miliardi) e del Banco Popolare (7,9 miliardi). A una distanza che appare quasi siderale rispetto ai colossi nostrani Unicredit (49,5 miliardi) e IntesaSanPaolo (45,2 miliardi), con i quali non vincono la gara nemmeno big del calibro di Goldman Sachs (43,3 miliardi di euro), Morgan Stanley (301 miliardi) e Merill Lynch (22,2 miliardi). Solamente Jp Morgan (98,37 miliardi di euro) e Citi (70,69 miliardi) continuano a mantenere la

Bloomberg.com: Worldwide

Lehman Said to in Talks About Potential Sale of Firm (Update1)

By Yalman Onaran

Sept. 11 (Bloomberg) -- Lehman Brothers Holdings Inc. entered into talks with potential buyers of the securities firm after Moody's Investors Service said the company must find a ``stronger financial partner'' and the shares plummeted.

Bankers from other firms are reviewing Lehman's books today, people with knowledge of the situation said, declining to identify the potential acquirers. Mark Lane, a spokesman for Lehman, declined to comment.

Without a ``strategic arrangement'' in the ``near term,'' Lehman's credit-ratings may be downgraded, Moody's said yesterday after the New York-based investment bank announced the biggest loss in its 158-year history. A downgrade could increase Lehman's borrowing costs and deter others from trading with the bank. Lehman, led by Chief Executive Officer Richard Fuld, fell as much as 46 percent in New York trading today, ceding its spot as the fourth-biggest U.S. securities firm by market value to Raymond James Financial Inc. in St. Petersburg, Florida.

``While the number of potential acquirers at this point is very few, Moody's action certainly raises the specter of takeout, potentially at a very low price,'' said Merrill Lynch & Co. analyst Guy Moszkowski in a report today. He lowered his recommendation on the stock to ``no opinion,'' saying a potential ``take-under'' makes it hard to gauge a price target.

Lehman fell $2.73, or 38 percent, to $4.52 at 1:38 p.m. in New York Stock exchange composite trading. The drop reduced Lehman's market value to about $3.2 billion. Raymond James, a regional brokerage, is valued at about $3.8 billion.

Goldman, Nomura

``The likely solution is that someone will bail it out and at this rate it may be for a nominal sum,'' said Simon Maughan, a London-based analyst at MF Global Securities Ltd. ``The market is not going to give Lehman time to get on with its plan.''

Goldman Sachs Group Inc., the biggest U.S. securities firm, has no plan to buy Lehman without financial backing from the Federal Reserve or Treasury, which hasn't been offered thus far, a person briefed on the matter said today. Goldman spokesman Michael DuVally said the investment bank ``continues to do business'' with Lehman.

Nomura Holdings Inc., Japan's biggest investment bank, may bid for a stake in Lehman, the Yomiuri newspaper cited Nomura President Kenichi Watanabe as saying last week. Michiyori Fujiwara, a Tokyo-based Nomura spokesman, declined to comment yesterday. Nomura has a market value of $28 billion.

Several of the largest European banks may be tempted to buy Lehman to bolster their presence in the U.S., analyst Richard Bove said earlier this week. Ladenburg Thalmann & Co.'s Bove speculated that HSBC Holdings Plc, Europe's biggest bank by market value, could be a suitor. London-based HSBC said yesterday it was ``highly unlikely'' to buy an investment bank.

Ackermann Demurs

Josef Ackermann, the CEO of Deutsche Bank AG, Germany's largest bank, said yesterday in Frankfurt that he wasn't interested in ``parts or all of Lehman.''

Lehman said yesterday it's in the process of selling a majority stake in its asset-management unit, spinning off real- estate holdings and cutting the dividend in an effort to shore up capital and regain investor confidence. The announcement failed to assuage investors' concerns and the shares sank 7 percent, after a 45 percent drop the day before.

Pressure on Fuld, the longest-serving CEO on Wall Street, mounted this week after talks about a capital infusion from Korea Development Bank ended. Fuld, 62, is striving to convince investors that the firm will stem losses on securities tied to real estate even as housing prices decline. He and his management team also must keep clients and employees from leaving.

Additional Collateral

The restructuring ``fell short of what was necessary to lessen the bear case on the stock,'' Goldman analyst William Tanona wrote in a note today, cutting his rating to ``neutral'' from ``buy.''

``A downgrade would likely force Lehman to post additional collateral, increase short-term and long-term funding costs, and limit its ability to transact with partners which demand certain credit ratings,'' Tanona wrote.

Moody's said yesterday that a downgrade below Lehman's single-A rating was possible. Standard & Poor's said it was also reviewing the firm for a potential downgrade.

``There's a level of counterparty risk below which another broker-dealer is going to say, `this isn't adequate backing,''' said Michael Shaoul, chief executive officer of Oscar Gruss & Son, a New York brokerage. ``Lehman relies on being able to use its balance sheet as a currency almost. If S&P downgrades by several notches, that's the sort of thing that threatens to get things out of control.''

Fed Facility

Bear Stearns Cos., once the fifth-biggest U.S. securities firm, collapsed in March because clients, lenders and other Wall Street firms stopped trading with the firm.

The day the U.S. Treasury and Fed brokered JPMorgan Chase & Co.'s takeover of Bear Stearns, the central bank opened a lending facility for brokerages to dispel concern that they might face a bank-run. Lehman has access to the facility.

In addition to Goldman, Morgan Stanley, Merrill, Citigroup Inc., JPMorgan Chase & Co., Credit Suisse Group AG, UBS AG and BlackRock Inc. are among the biggest brokerages, banks and fund managers who've said this week that they continue to do business with Lehman as usual.

Lehman bonds plunged for a second day, leading investment- grade debt lower. Lehman's 5 percent notes due in 2011 dropped 13 cents to 77 cents on the dollar, yielding 17.4 percent, or 14.6 percentage points more than Treasuries maturing in 2013, according to Trace, the Financial Industry Regulatory Authority's bond-pricing service.

Buying Time

The firm's 5.5 percent notes due in 2016 fell 10.7 cents on the dollar to 73.5 cents on the dollar, for a yield of 10.7 percent or 713 basis points more than Treasuries due in 2018.

Lehman would have to post $4.4 billion additional collateral for its derivative contracts in the event its rating is downgraded two notches, according to the firm's quarterly report filed with regulators in July.

Sanford C. Bernstein & Co. analyst Brad Hintz said Lehman bought time yesterday by announcing the planned asset sales. He said the firm can stay afloat because of its ability to borrow from the Fed.

``This gives them six months to negotiate with rating agencies and raise capital if necessary,'' Hintz said in a radio interview yesterday. Still, some counterparties may take their businesses elsewhere because they're spooked, Hintz said.

`Confidence Issue'

Peter Cohen, founder of Ramius Capital Group LLC, said the hedge fund is sticking with Lehman as one of its prime brokers for processing trades. Lehman is ``very different'' from Bear Stearns Cos., Cohen, the CEO of Shearson Lehman Brothers Inc. from 1983 to 1990, told CNBC in an interview today.

Fitch Ratings, which also placed Lehman on credit watch this week, said speculation about Lehman's woes aren't related to liquidity but to concern that it can't raise more capital.

``At this point it's an equity confidence issue,'' said Fitch analyst Eileen Fahey in an interview. ``They've raised capital over the past few quarters. Their ability to raise more equity, because the equity price keeps falling, is hampered.''

To contact the reporter on this story: Yalman Onaran in New York at yonaran@bloomberg.net.
Last Updated: September 11, 2008 13:42 EDT

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HIPOTECAS BARATAS - OCASO INMOBILIARIO 2008 - EXPLOSIÓN DE LA MOROSIDAD 2009

[Modo Ominae ON]
[Modo AynRandiano ON]

Es que la banca americana no es lo suficientemente liberal

[Modo Ominae OFF]
[Modo AynRandiano OFF]


Que se vayan a tomar por culo los capitalistas especuladores con sus mentiras y sus engaños

No, Nunca, Jamás, Bajo ningun concepto a
la privatización de los beneficios y la socialización de las perdidas

Of course...

Pero aparte de que estuve bien atareado tó el día, no sé si la cuenta esta bien.

¿Fanni & Freddy son bancos?

¿Los 2 "Integros" es la misma empresa?

Se deberia decidir cada uno por su cuenta, yo no me voy a oponer de incluirles en el Apocalisp-O-Metro, o lo podeis hacer directamente vosotros...

Bienvenidos estais.

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«¿Gulag? No conozco ningún gulag.».

Iósif Stalin

LEHMAN BROS HLD
(NYSE: LEH)

NEW Real-time: 3.95 -3.30 (-45.52%) 3:29pm ET

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El petróleo como la vida... Un chispazo de luz, entre dos eternidades de oscuridad.