Tuesday, June 03, 2008

Follow up on Lehman Brothers.

There is a story on the front page of the Wall Street Journal today about Lehman raising capital. In the story the number floated is 3-4 billion dollars. It certainly makes sense to re capitalize when you can, as things happen quickly and you want to be prepared for opportunities in the future. Raise cash when you can not when you have to (although there is a strong argument that they really need to raise capital just to stay afloat).

To read the story CLICK HERE



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