Can someone break it down as if they were explaining it to a child: WHY IS LEHMAN BROS ON THE SKIDS?
by 
Adz3r0
ANSWERS: 2
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idk, i have a very simple answer... basically people are dumping their shares, but I know you want more than that so, i'm just gonna watch this question until i see a better explanation
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OK Lehman Bros bought "Subprime" morgtages from others. These notes are risky, very risky and You've got to be kidding me! risky. They were bought in the belief that the future was perfect, the bubble was nowhere near bursting and that all would pay off in 20-40 years. (Did you know there's a 50 year arm out there???) But the bubbkle burst (again) like before and of course you're seeing a meltdown of credit and brokers and cash and credit like it was 1929 again. However, there's "Stopga" measures in place, but still the fall continues. I too wonder what will happen by this time next year...Can you say "Lock and Load!?"
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