It isn't a Lehman Moment if . . .

Awesome column by my BV colleague , observing that true ‘Lehman Moments’ must clear certain hurdles — and most that are beinfg termed that simply don’t.

 

It isn’t a Lehman Moment . . .

• If people are calling it one.

• Unless somewhere in Germany there is a Landesbank up to its neck in trouble.

• If the endangered firm has a friend in its hour of need.

• if the CEO isn’t issuing denials and reassurances, or blaming speculators.

• if it doesn’t contaminate an entire industry.

 

He concludes that “So far, Lehman is still in a class of its own” — and I agree.

Go read the entire column here.  

 

 

Source:
True `Lehman Moments’ Must Clear These Hurdles
Mark Gilbert
Bloomberg, October 1, 2015
http://www.bloombergview.com/articles/2015-10-01/becoming-a-lehman-moment-is-harder-than-it-seems

 

 

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