Bove: Fuld Has Three Days to Solve Lehman's Problems
Richard Bove, an analyst at Ladenburg Thalmann & Co., talks about the possible sale of Lehman Brothers Holdings Inc. or some of its assets. Korea Development Bank said it's "considering" an investment in the company and is "open" to an acquisition, according to a Reuters report. Lehman is the fourth-biggest U.S. securities firm.
click for video
00:00 Potential bidders for Lehman
01:24 Fuld has "run out of options."
02:52 Potential share valuation in transaction
Running time 03:31
Source:
Bove Says Fuld Has Three Days to Solve Lehman's Problems: Video
Aug. 22 (Bloomberg, August 22, 2008 11:17 EDT
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=awb.LjDNxr7M
Saturday, August 23, 2008 | 05:30 AM | Permalink
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Why three days? Is there some debt rollover due? Or have the Fed given an ultimatum?
Posted by: leftback | Aug 23, 2008 10:40:10 AM
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