Archive for the ‘LEH’ Category

Nothing’s True Until it’s Officially Denied: Ken Lewis on “Rumors”

Friday, February 20, 2009 16:09 1 Comment

Bank of America CEO was quick to respond to the growing rumors that his bank may be taken over by the government. In a CNBC interview today Mr. Lewis said:
“I have talked with government officials, members of Congress, and regulators, and no one has ever thought nationalization of the industry was likely to happen. When [...]

This was posted under category: BAC, BSC, Bailout, C, LEH, MER, Special Reports Tags: , , , , , , , , , , , ,

Review of 2008 Predictions a la Wall Street’s “Finest”

Tuesday, November 25, 2008 21:35 No Comments

As of 01/02/2008 the the year price target on the S&P 500 set by the Chief Investment Strategists at the major investment banks are as follows:
Strategist Year End Price Target
Citigroup                                   1675
HSBC                                          1700
Credit Suisse                              1650
Bank of America                         1625
UBS                                             1700
Morgan Stanley                           1525
Bear Stearns                                1700
Goldman Sachs                           1675
JP Morgan                                    1590
Lehman Brothers                         1630
Wachovia                                     1590
Merrill Lynch                                1525
Average 1632
Average [...]

This was posted under category: 2008 Crash, BSC, Bear Market, C, Charts, Citigroup, Crash, ETF, Economy, Finance, Great Depression, LEH, MER, MS, NASDAQ, Recession, S&P 500 Index, Stock Market, Technical Analysis, VIX Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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