Lehman brothers is up 15% in pre-market trade. Foreign bank like Korean development bank eyes on taking over lehman.
financials looks to be back in town. Buffet on CNBC is saying there are some companies are cheap and he is willing to buy more if his holding American Express card and Well-fargo's share price become lower.
I still believe that many Australian banks is so cheap and market will hit one more bottom and stablize.
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lehman is up 15 in pre market
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