Marc Faber Says Lehman Collapse ‘Favorable’
Sep 15th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsThe bankruptcy of Lehman Brothers (NYSE:LEH) is “quite favorable,” says Gloom, Boom & Doom Report publisher Marc Faber.
“The air will be clean within the next one month and we can get a fairly good rebound starting from the middle of October until the spring of next year,” he said in a Bloomberg Television interview.
Faber also warns that AIG (NYSE:AIG) may be a “much bigger problem” than Lehman…