Comment: Why a hostile takeover of Lehman won’t work

Ladenburg Thalmann analyst Richard X. Bove lamented about Lehman Brothers, asking: “The major question related to this company at the moment is: ‘Why isn’t anything happening?’ ”

Well, his report, which seemed to encourage a hostile takeover of Lehman, certainly caused something to happen: an 8% jump in the securities firm’s stock price during the afternoon, after an early decline.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.