Monday, September 8, 2008

Does Somebody Know Something About Lehman Brothers?

On Friday, before the Frannie bailout was announced, Lehman Brothers closed at $16.20 a share. On Monday morning, it opened at $17.62, as part of the overall strong market. But, within an hour of the open, it dropped all the way down to $13.60. That's a $4 drop -- or 30% of the current share price.

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