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

 

 

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:
  1. VennData commented on Oct 1

    If your maid just bought the condo next to you and put it up for sale twenty percent higher.

  2. JasRas commented on Oct 2

    Delightful–unless the Lehman issue is in China where they’ve been telling us things are great for years…

Read this next.

Posted Under