iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,316 Blog Posts

Fuck Lehman

Trade accordingly.

If you enjoy the content at iBankCoin, please follow us on Twitter

12 comments

  1. Cajun

    My puts are treating my rather well, just wish LEH would die already.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. JakeGint

    WM is about hit the skids* at $11.50 and below.

    ______________

    *(“Skids” meaning heavily lubed steel rails canted at a 65 degree angle directly into the sun)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. WallStreetLurker
    WallStreetLurker

    Damn right Fuck Lehman

    In millions of USD:
    write downs of only 6.5% gross of hedges on a $89,106 mortgage portfolio for fiscal year 2007, comprised of $25,194 (an increase from (8,000+) in L3 assets all while their WAL on RMBS assets doubled to 9 from 5.
    I call bullshit

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. alphadawgg

    LEH to be backstopped at the magic number of 10.

    Soon all bank stocks will be $10. Odd, no?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Juice

    http://www.youtube.com/watch?v=kb9byJ2QWcg

    Mr Mortgage calls WAMU’s 5 billion bailout ‘a pee-hole in a snow bank’ … LOL !!

    he goes thru a bunch of toxic waste in various banks

    interesting

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Juice

    Bullshitters trying to throw buy programs to print a good close

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. TraderCaddy

    The funny thing is that if SBUX Howard Schultz tried to go to the Dubai to check on his stores they wouldn’t let him in if he has an Israeli stamp on his passport. Fucktard Dubains.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. zephler

    america loves communism – the bail outs, and now having the olympic torch run through San Fran…what ever happened to good ol’ mccarthy kill the commie stuff?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. BnD

    …according to my time machine, it’s time to get your toboggans ready for some downhill sledding.

    Does anyone else find Kneale and tits mcgee entertaining? Pity the fool who follows there advice into the darkened abyss. Not.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Mr Mortgage

    Bad news coming out soon on LEH – someone led the dump with a serious sell AH. Alarms were going off like crazy…I thought I was hearing things. Game on.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. ottnott

    Hi, Mr. M.

    Saw your stuff for the first time today. Excellent. Thanks.

    No asshat for you.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Mr Mortgage

    From a few weeks ago…still in play.

    One American banker said: “[We heard] from the top, ‘Do not encourage calls to Lehman clients. We want to run that up the flagpole. We don’t want another run on a bank.’ ”

    If I was a fundie with $5 Bil at LEH I would have been shopping that ever since their BS earnings report. You waive money like that aroud and their comp. will sing and dance for you. They may have fooled Joe 6-Pack but not the fundies with their testies stretched across the I-405 during rush hour traffic.

    • 0
    • 0
    • 0 Deem this to be "Fake News"