158 year old Lehman brothers bites the dust with $60 billion in soured real estate holdings.
When will the 100 + year old First American Corporation follow suit?
The First American Corporation recently took a write down of $37.9 million on its Fannie Mae & Freddy Mac holdings.
With Lehman gone, who will McMahon (ex Lehman) now turn to, to promote the FAF dud?
Other than misplaced trust in each other, had FAF invested in Lehman stock in return for all the favors done to it thru McMahon’s good/bad offices?
Interesting times ahead for FAF…
Note that we have alerted the market thru our blog www.lleclezio.blogspot.com and our posts on the Yahoo/Finance/FAF message board about the unhealthy relationship between Lehman, First American and McMahon for months.
Yes… You heard it here first…
When will the 100 + year old First American Corporation follow suit?
The First American Corporation recently took a write down of $37.9 million on its Fannie Mae & Freddy Mac holdings.
With Lehman gone, who will McMahon (ex Lehman) now turn to, to promote the FAF dud?
Other than misplaced trust in each other, had FAF invested in Lehman stock in return for all the favors done to it thru McMahon’s good/bad offices?
Interesting times ahead for FAF…
Note that we have alerted the market thru our blog www.lleclezio.blogspot.com and our posts on the Yahoo/Finance/FAF message board about the unhealthy relationship between Lehman, First American and McMahon for months.
Yes… You heard it here first…
