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DateDoc · 09-14-2008, 04:00 PM

Catastrophic loses look eminent as Barclays has backed out of buying Lehman Bros and they will fail (well they have failed already it is just not official). The Govt has also said it does not want to bail out Lehman Bros. The failure of Lehman will lead to many more failures with WAMU the most likely and maybe Merril Lynch. If this goes down tomorrow the NYSE will have to suspend trading.

09-14-2008, 04:00 PM
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	What time will the NYSE pull the plug on trading tomorrow? Catastrophic loses look eminent as Barclays has backed out of buying Lehman Bros and they will fail (well they have failed already it is just not official). The Govt has also said it does not want to bail out Lehman Bros. The failure of Lehman will lead to many more failures with WAMU the most likely and maybe Merril Lynch. If this goes down tomorrow the NYSE will have to suspend trading. __________________