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Thursday, September 11, 2008

Lehman LEH Afterhours, Aftermarket 9/11/08

Lehman ( LEH ) is trading at around $4.20 in afterhours tonight....down slightly from the $4.33 close during regular stock market trading on 9/11/08.

CNBC has been reporting that Lehman Brothers ( LEH ) is being shopped around Wall Street for a potential buyer of the company. Names that have come up are, B of A Bank of America, HSBC, and even Goldman Sachs ( GS ). GS would only likely being interested if the government backed certain debt and assets of Lehman Brothers.

CNBC's Charlie Gasparino thinks there is a chance that Lehman Brothers ( LEH ) will be bought out in a matter of days. It is important to note that Lehman has not accessed the Federal Reserves Discount Window recently.
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