A report says that the Asset Management division buyout negotiations with Korea's KDB has fallen-through. True or not, Lehman (Quote: LEH) has sunken to a new low - under $10 per
CEO Dick Fuld is under serious fire as he struggles to raise cash. The easiest way to raise cash right now is to sell the profitable and successful Wealth Management/Asset Management division.
But the House of Lehman is taking a hard fall this week. It's been a slow-motion fall, considering that analysts had been putting Lehman under a microscope since the fall of