Since the Bear Stearns bailout and miniature banking panic, we've reported that Lehman Brothers is the subject of rumor, speculation, and substantial losses in shareholder equity. 

Today,  Lehman Brothers has announced a larger than expected loss for the second quarter and company is right back in the news.  As a highly leveraged investment house, new investors and old stockholders are getting sick of the prospect of increased share dilution through the proposed capital acquisition.

The announced quarterly loss totals 2.8 billion dollars, and the plan going forward is to sell an additional $6 billion in common and preferred stocks, despite already losing more than $5 per share from the operate expenses.  As of 7:40 AM the Lehman Brothers stock is trading down by about 7% from Friday's close. 

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Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved.