Lehman Brothersto file for bankruptcy in next few hours
Guys,
I have confirmed news that Lehman brothers is going to file for bankruptcy in the next few hours TODAY.
This news is huge and i just confirmed with my bank that they are curently working on clearing all lehman outstanding transactions.
Whos going to buy they cheap now?
Bank of America? or the korean bank? It seems FED will them off for cheap price like they did it with Bear Sterns.
Watch out for USD currency valuations, it will do down drastically now for a few days and then recover slowly.
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