4 Comments
 

I remember being on the site then. I got shouted down for saying Lehman was in massive trouble (insider information ftw!). Everyone was more focused on Bear's collapse and Citi decimating it's analyst class (80% in some divisions). Over and over the mantra was "ignore the FI-based Lehman, their risk management is better than most of the Street's". This guy said something that seems kinda condescending, but turned out prescient. Essentially he is tacitly admitting Lehman's weakness and is saying that he hopes that the dude's internship is good enough to ship to other, stronger companies.

Reality hits you hard, bro...
 

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