Well, well, a week ago everything was running amok at Lehman. Now everything is OK. For some unexplained reason this guy has the Pinocchio look. It seems like LEH is rebounding now on an admission of a loss.
Great! Now this guy thinks he can save Lehman by taking the blame.
Lets hope we are not on a BCS replay here, trying to get by to get a rescue or hiding stuff till the very end.
Anyway, after the market tanked on 6/10 pundits are flashing the oversold card and the talking heads are babbling the "buying opportunity", meanwhile a few of the mainstream publications are publishing the CYA (cover your a##) articles like this one
http://online.barrons.com/article/SB121298437487356659.html?mod=ba_art_Up_and+Down+Wall+Street+Daily just in case the powers that could, fail to manipulate the market

Where are we going now in the stock market???

The big R word is still lingering, however, the market is climbing the wall of worry....

There is an incentive, bond bail out, and a new and already expected 50 point cut in March.

So 2008 was shaping out to be the year of the big crash, now it is shaping out to be the year of big rewards to insiders and the big elephants of Wall Street.

Look at stocks like WM BAC MER and all the talking heads mumbling recovery nonsense