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1 pt

Bove on Fuld (video)

 Aug 26, 2008 03:18 AM UTC
Return Risk
-21.37% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
LEH n/a

Graphic_arrow1 Via Todd Sullivan's ValuePlays:  

Bove in on the tube more recently than either Obama or McCain.

Watch the video:

Bove is right that replacing Lehman (LEH) CEO Dick Fuld will not "fix" Lehman. But, Fuld is responsible for the mess they are in and replacing him would be a step in the right direction to restore investor optimism.

Fuld clearly has not had a grasp on what is happening there, or, does and has been less than forthright with investors. Either scenario ought to remove him from the top spot.

Let's reverse...



Continued at Todd Sullivan's ValuePlays






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