Monday, June 16, 2008

Lehman: $2.8 Billion Loss

by Bill McBride on 6/16/2008 08:59:00 AM

From MarketWatch: Lehman posts first loss as public company

Write-downs on soured debt securities and bad trading results led to Lehman Bros. Holdings Inc. reporting [a] second-quarter loss of $2.8 billion ...
A billion here, a billion there.