Will Lehman be bought on Sep 13th?

The word on the street is that Lehman will be bought by September 13th. The rumor mill swirls when a stock crashes like Lehman has. Rumors fill the vacuum left by a lack of certainty about a company's prospects. And right now people are…

Deutsche Bank buys Postbank

I have only seen this story in Germany so far. The long and short is that this is a done deal. Deutsche Bank is expected to close the deal tomorrow. Helping to seal the deal is the fact that no layoffs are anticipated initially. This will…

The US dollar is on a tear

The U.S. Dollar is rising like I haven't seen for quite some time. Sterling, the Euro, the Australian Dollar and the Swiss Franc have all been plummeting against the dollar for the past two months, hitting multi-year lows.Below is a chart…

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