Shares of Lehman Brothers jumped 5% after Korea Development Bank, which is in talks with the troubled Wall Street firm, was quoted as saying that one of the options on the table is an outright acquisition. Despite the one-day rally, Lehman ended the week down 11% to $14.41. See full story.
Investors next week will also monitor the fate of mortgage giants Freddie and Fannie, whose shares have been battered. Politics 2nd. |
Read the rest of the story HERE:
At www.marketwatch.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.
