Gasparino vs Einhorn, Kohn & Ritholtz

Thursday, June 05, 2008 | 01:52 PM
We have a rugby scrum!

ProBanks, ProLehmanDick Fuld (Lehman CEO), Charlie Gasparino (CNBC), Doug Kass (Seabreeze Partners), Thomas Brown (Bankstocks.com)

Anti-Banks Anti-Lehman:  Donald Kohn (FOMC), John Roque (Natixis), David Einhorn (Greenlight Capital), Jim Rogers, Yves Smith (Naked Capital), and little ole me.

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Fear vs. Facts on Lehman
click for video
Lehman_fearfacts

Note: We have a sell rating on LEHMAN, with a $20 target --
Charlie Gasparino misspoke -- we have no present short position with Lehman, nor do we think Lehman is a zero, like Bear Stearns.



Einhorn on Lehman

click for video
Einhorn_leh

Parts I, Parts II, Parts III


Fed's Kohn on Banks
click for video
Kohn_vid

Fed Vice Chairman Donald Kohn says he expect "continued weak earnings and write-downs from banks in coming quarters, reports CNBC's Steve Liesman.


Disclosure: no position in any stock mentioned.

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Previously:

Dirty Tricks at Lehman? (June 2008)
http://bigpicture.typepad.com/comments/2008/06/dirty-tricks-at.html

Financial Sector: Beware LEH, CIT (June 2008)  http://bigpicture.typepad.com/comments/2008/06/financial-secto.html

More Financial Turmoil  (June 2008)
http://bigpicture.typepad.com/comments/2008/06/more-financial.html

Thursday, June 05, 2008 | 01:52 PM | Permalink | Comments (39) | TrackBack (0)
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Comments

Funny! When CG kept repeating, "who ya gonna believe, Dick Fuld/Barry Ritholtz, Dick Fuld/David Einhorn?" I kept thinking, "No brainer! Ritholtz and Einhorn!

I'm still laughing about it. The BIG guys across the political, military, and financial sector have been lying through their teeth. They are in desperate straits...

To list the their lies since 9/11 would take a team a week or more...

Posted by: karen | Jun 5, 2008 2:08:00 PM

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