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…

9/11: A moment of silence, please

Today is September 11th. This date should always be remembered as many lives were lost in senseless and malicious acts of violence against innocent civilians. My personal life was shattered by the events of 9/11 so this date will always…

News round-up: 11 Sep 2008

Articles below in the news include talk about Lehman, WaMu, and Deutsche Bank. The stock plummeted in the pre-market as it is downgraded by banking analysts who were not impressed by yesterday's conference call. Hurricane Ike forces an…

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