Will Lehman Brothers fail as Bear Stearns did?

Bets aren't off that at year end or end of 1 quarter 2009 the Feds will have another investment bank failing. A shakeup at Lehman yesterday [12 June 2008] followed the same sad scenario that smug Jimmy Cayne orchestrated at Bear Stearns in September 2007. Lehman chose a man strong in equity markets to handle a debt crisis! If he is made of the same timber as Alan Schwartz who caved into the Sunday massacre of Bear Stearns on 18 March 2008, there's little hope for Lehman Brothers. And what's more its stock keeps falling and falling and falling. It's now at us$27 or thereabouts, and it will fall even more, maybe to us$10 a share the price at which the evil Jaime Dimon bought for a song Bear Stearns at a pirate's plunder rate! The street says Lehman's books are cleaner than Bear Stearns, but unless they're exposed fully on the open market place, we've no way of knowing. Only time will tell as Lehman teeters on the brink!