More on Lehman

One gambit that could work, would be if Lehman aggressively bought back its shares using borrowed money from the Fed. Lehman's very survival depends on crushing those who would like to destroy it. It's a bold and risky strategy, but it could work. At this point, that may be Lehman's only hope. In addition, what is happening to Lehman now--this siege by short sellers like David Einhorn--should be a lesson to other firms that might be next on the short-sellers' list of targets if Lehman goes under.