- Gold Is in a 'Bubble' And Will Keep Going Higher: Gartman
- Millions May Have to Repay Part of Obama Tax Credit
- Madoff Auction: $4,750 for a Decoy Duck?
- Slideshow: Madoff's Luxury Boats Go Up for Auction
- Retail Sales Show Gain, But Manufacturing Gauge Slips
- Business Inventories Fall 0.4% in September
- Intel Plans to Increase Dividend 12.75%; Shares Gain
- Several Credit Card Companies See Default Rate Fall
- Fed Proposes Crackdown on Excessive Gift-Card Fees
- S&P to Hit 1,175 in the Short Term: Strategist
- Your Jobless Recovery Game Plan
- S&P to Hit 1,175 in the Short Term: Strategist
- Busch: US Health Care Bill a Concern for the Chinese
- Underwater Mortgages Could Sink Even Deeper
- My Market and Fed Outlook Now: BlackRock's Doll
- Farrell: The Market is Still Seeking Reassurance
- GM Cuts Losses—Plans Early Loan Repayment
- Schork Oil Outlook: Still Bearish Crude, But Skeptical
MOST SHARED
- BlackRock: Central Banks To Be Net Buyers of Gold
- Millions May Have to Repay Part of Obama Tax Credit
- Gold Is in a 'Bubble' And Will Keep Going Higher: Gartman
- Weak US Housing Market Drags on Lowe's Profit
- Cisco Ups Tandberg Bid, Claims Over 40% Backing
- Madoff Auction: $4,750 for a Decoy Duck?
- EADS Cautious on Full-Year Forecast after Earnings Dip
- Devon to Sell its Gulf, International Assets
Text Size 
Lehman Brothers is likely the next investment bank to follow Bear Stearns into collapse, one strategist told CNBC's Asia Squawk Box Wednesday.
"Lehman is definitely there" among the banks in serious trouble of failing, Ron Ianieri, chief option strategist at the Options University said. "They're caught between a rock and a hard place."
"They have to raise capital right now," Ianieri said. And there is probably another bank that will fail as well, he added. (Watch the complete Ron Ianieri interview on which banks will fail.)
"I think we are going to see more than just one." Ianieri said. " I think there are maybe two whoppers out."
Lehman [LEH
Loading...
()
] is currently doing everything it can to keep its independent status. It's even considering selling its investment management business, including the firm's crown jewel, the Neuberger & Berman asset management unit, to drum up much-needed capital and offset possibly billions in further writedowns from risky debt that went sour.
Among all the financial stocks, Ianieri thinks that Morgan Stanley [MS
Loading...
()
] is likely to survive the crisis.
Print
Email
- Where, what, how.
- CNBC's Jim Goldman asks: Has the sun begun to set on Twitter? Data suggests its best days are over.
- De Loach Vineyards is selling its pinot noir the old fashioned way, helping to cut energy and transportation costs.
- Why are the Chinese concerned about the progress of U.S. health care legislation?
- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- If a terrible driver on your morning commute has you feeling like you want to scream, check this out.
Data is a real-time snapshot *Data is delayed at least 15 minutes