vote down
flag
calculatedriskblog.com - 7/8/2009
—
This is an interesting interview from early this morning with Bryan Marsal, CEO of Lehman Brothers Holdings, who is unwinding Lehman Brothers ... especially at the 18 minute mark: One of my partners said yesterday that we are going to call this phase the "extend and pretend" phase in our ...
cnbc.com - 7/11/2009
—
cnbc.com —
TOP VIDEO Get RSS Feed More Current DateTime:
02:06:26 13 Jul 2009 LinksList Documentid: 19980366 Expiration DateTime:...
7/13/2009 2:09:06 AM Lightning Round You say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell. ...
(more)
The Unwinding of Lehman Brothers
ritholtz.com - 7/10/2009
—
ritholtz.com —
Bryan Marsal, CEO of Lehman Brothers Holdings, has
been unwinding Lehman Brothers since the firm’s historic collapse....
He discusses the process with CNBC.
(more)
The Unwinding of Lehman Brothers
dailybail.com - 7/9/2009
—
dailybail.com —
THE GORILLA DISGRACED...FORMER LEHMAN CEO DICK FULD HEARS
THE TRUTH FROM PROTESTERS This a long, but extraordinary...
interview with Marsal on CNBC's Squawk Box from Tuesday. AIG, Merrill Lynch, Bear Stearns, leverage, details on Lehman's balance sheet, the economy. Pretty ...
(more)
The Unwinding Of Lehman Brothers With CEO Brian Marsal ...
Comments
Blog Reactions
Extend and Pretend
Bear Mountain Bull —
... Then we’ll enter phase two, which he said is the request to extend or “amend”. Then “send”. In other words send the keys. That is the phases we are in right now. Everyone is trying to buy time, as opposed to dealing with the leverage, they are trying to buy time. Whether you are a banker or a company, they are all trying to buy time. I don’t see the leverage coming back, and I don’t see the consumption of good and services coming back. Bryan Marsal, CEO of Lehman Brothers Holdings. From Calculated Risk .
Related Content


