Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook

Bankrupt Lehman Stock Booms in Long-Shot Trading

Bankrupt company jumps sixfold in 'lottery ticket' deals

By Jason Farago,  Newser Staff

Posted Sep 7, 2009 7:36 AM CDT

(Newser) – Here's a stock tip for you: Lehman Brothers. No, really—the busted financial giant, which had been trading at less than 5 cents a share, peaked at 32 cents last week, with volume hitting 100 million shares in late August after sitting at virtually zero...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
1 comment
A snapshot of the day's best news stories.
 

More Newser Stories

Lehman Lives on— and It's Getting Bigger

Lehman Post Mortem Bares Shady Tricks

Lehman Weighs Spinning Off $45B in Assets

Lehman to Spin Off $4.5B Private Equity Arm

Sloppy Lehman Bankruptcy Killed Billions in Value


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment