12
Sep
08

Should we be scared?

The government is looking for an agreement that would not involve public money.

Recent discussions amongst Lehman Brothers, the Federal Reserve, and Treasury Department in regards to actively selling the financial giant.

And I don’t see where anything has really changed in the last few days to make Lehman a $4 stock versus a $20 stock. So what we’re dealing with, I think, is less fundamentals than fear,” Paulsen said. “It’s spooky because I’m not sure anyone has an answer as to how you’d end it.”

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