The UNOFFICIAL word on the street is that the Lehman Brothers bonds are being bid at less than 10 cents on the dollar. Is this what they call severe devaluation?
STAY ALIVE!
Michael
mboone@rtccom.net
Friday, October 10, 2008
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1 comment:
They've got close to $450 billion woth and at that price they ain't going to get much!
RW
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