On Monday night's "Fast Money" show on CNBC, Melissa Lee started the program stating that the major indices closed in negative territory. She continued by saying that American International Group (AIG Quote) and Lehman Brothers (LEH Quote) were down alongside with most financials.
Pete Najarian said "nothing was helping this market today." He also said commodities from metals to crude oil "did not help." In addition, he said he felt that a "big part" of the downside in financials specifically had to do with Lehman Brothers.
Guy Adami said, "I see it trade single digits," making reference to Lehman Brothers currently trading at $13.45. He also mentioned that he does not see any reason for investors to own the stock, especially when he "does not see the company getting bought out."
Joe Terranova said that what the market lacked today was a catalyst. He then said he wondered what kind of catalyst will it take to move the markets. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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