Lehman Liquidates Three Funds; Dismal Retail Sales

$1 Billion Liquidation... Lehman Brothers liquidated three floundering investment funds that lost value due to poor market conditions,

and ended up taking $1 billion of assets onto its balance sheet.

John Q. pulls back... Wal Mart issued upside Q1 guidance & Costco sales were up 7%, however...

Of the 35 retail firms reporting March same-store sales that Briefing.com follows, 29 have fell short of expectations.

Comments

Ram said…
All spun as good news.