The Brothers Grim?


Lehman Brothers (LEH) kicks off broker earnings Thursday before the bell. Will the credit crunch drag down their numbers?

Long Goldman (GS) and short Lehman says Karen Finerman. I think there is bad news coming out of Lehman. Thursday is a chance for them to come clean on their subprime exposure.

I agree says Guy Adami. He anticipates that Lehman shares will drop.

Pete Najarian explains that he will watch options action closely early in the week before he makes a LEH trade.


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Trader disclosure: On Dec. 7, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (INTC), (ATVI), (DIS); Najarian Owns (TGT) Options, (XMSR) Options, (BSC) Options, (EMC) Options; Finerman's Firm And Finerman Own (GS), (PLCE),(EL),(CROX),(JWN); Finerman's Firm Owns (KSS), (SKS), (WMT); Finerman's Firm Is Short (SPY), (IJR), (IYR); Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Is Short (MDY) And Owns (MDY) Puts; Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns (BIIB) Options; Vivendi Owns 20% Of NBC Universal, The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC.