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Lehman Brothers
By Stock Charts | June 13, 2008
Lehman Brothers Holdings (LEH) is one of the investment banks that was heavily affected by the subprime mortgage meltdown. Lehman recently had to write off several billions in losses and the stock has been in a free fall since the beginning of 2008. Over the past few days the stock has tumbled on strong selling volume. It remains to be seen if the storm has passed or the worst is yet to come, but keep an eye on this stock as a possible recovery play. As one of the larger banks on Wall Street, Lehman should be able to weather the storm and make some sort of recovery.
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