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LEH vs. WM
posted on
Sep 11, 2008 05:58AM
It appears to be a race to the bottom between Lehman Bros. (-40%) and Washington Mutual (-22%). It was only a few months ago that both were banking giants. Not far behind is Merrill Lynch as their share price is down about -13% thus far today. Their demise should propel gold but probably not in New York just yet.
