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September 11, 2008
Lehman Take-under Coming?
Yves over at Naked Capitalism is saying that she has two sources telling her that Lehman is at its end, with Goldman set to buy the firm. The stock is certainly trading today like a take-under is coming, down sharply on high volume.
Rumors are rumors, of course, so take it for what it's worth in these nutty times. The folks at FT Alphaville think this particular rumor, however, is a non-starter -- at least the Goldman part.
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