Friday, July 4, 2008

The USA - at the top of the world on the Fourth of July!

Happy Fourth of July!




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And while we're with the inimitable Mr Cagney...

Lehman - Top of the World (ma)?

So yesterday, we heard that Lehman is going to issue more stock to retain key employees and award a mid-year bonus. Pretty juicy stuff. The company's been getting hit time and time again in recent months, with vultures circling, dirty rats short selling the stock, trying to Bear Stearns 'em etc. Reminds more of Jimmy Cagney than Jimmy Cayne - no matter how many times he gets hit, he just keeps on going. Stirring stuff.



(If you work at Lehman, please stop watching at 1:07.)

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