Tuesday, September 9, 2008

Lehman Shares Plunge, Again

For the second day in a row shares of Lehman Brothers are down Lehman Brothers Holdings shares fell as much as 40 percent to their lowest level in nearly a decade Tuesday dramatically.Lehman shares fell as much as 40 percent to their lowest level in nearly a decade this morning. 

Much of the decline came after reports that Lehman's talks with state-owned Korea Development Bank on a possible capital infusion had ended.

In early afternoon trading Lehman shares are down 37% to $8.98 per share, a decline of $5.17 from yesterday's close.

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