What a Lehman Brothers Bank failure could mean for the US economy and banking system.

Even if Lehman can find a buyer, the venerable bank founded by Mayer Lehman in 1850, will be gone forever. Leaving only Goldman Sachs as the final bank standing of those banks that became New York financial titans founded by Jewish immigrants of the mid 1800’s.

Buy on the Rumors… Sell on the News….

Lehman beat expectations this morning in earnings:
AP
Lehman Profit Falls 57 Percent
Tuesday March 18, 9:17 am ET
By Stephen Bernard, AP Business Writer

Lehman Brothers Earns $489 Million During First Quarter, Beating Analyst Expectations
NEW YORK (AP) — Investment bank Lehman Brothers Holdings Inc. said Tuesday its fiscal first-quarter earnings fell 57 percent due to a steep decline in [...]