22 August 2008

Charts in the Babson Style for the Week Ending 22 August 2008


Stocks caught a bid at week's end as hopes of a purchase of Lehman Brothers by the Korean Development Bank had the financials leading a rally higher. No price or terms are specified.

Korean DB is said to be attracted to Lehman's books. "They are soft and smelly like a well aged kimchee," said one anonymous connoisseur of investment fare.