Morgan Stanley forecasts $3.5B Lehman write-down
Aug.27, 2008 in
Market Outlook
NEW YORK (MarketWatch) - A research note by Morgan Stanley released Wednesday
predicts a third quarter loss for Lehman Bros. of $2.80 a share, on the back of a
$3.5 billion write-down. “For the franchise to turn the corner, we think
management needs to announce a significant bulk asset sale or framework for
investors to evaluate the structure/pricing of [...]



