Like the Enron critters, many of these people had large portions of their savings in Lehman shares.
I mean, you don't shit where you eat, and--more to the point--you don't eat where you shit.
Much learning to occur in the next few months! The Fates are kind.
Maybe worse. The Fates are kind.
They said they had each lost about $50,000 in cash they had invested in Lehman's now nearly worthless stock. "I'm young enough to bounce back," Ruiz-Mata said optimistically. "Who I really feel for are the people who've been with the company for many, many years, and who've been getting paid much of their compensation in stock. Those folks face losing fortunes."
"I'm young enough to bounce back," Ruiz-Mata said optimistically.
"Who I really feel for are the people who've been with the company for many, many years, and who've been getting paid much of their compensation in stock. Those folks face losing fortunes."
