In Her Words

My Husband Works for Lehman Brothers

Inside the financial catastrophe

-A Lehman Wife

Talk about the craziest weekend ever - and NOT in a good way! Why? In a nutshell, my husband works for Lehman Brothers.

So, last week the stock had officially plummeted - hit rock bottom you might say - dropping 95 percent from its 52-week high. And by Friday morning, it was a well-known fact the Lehman Brothers would not exist in its current form by the end of the weekend. By midnight EST Sunday night, Lehman would either be sold to the highest bidder (at the time thought to be Bank of America or Barclays) or file for bankruptcy. And that's when the real craziness began ... I got a call from my husband on Friday morning from the office and conversation went something like this:

Me: "How's it going?"

Him: "Really bad. It's over. Those thousands of shares we have in Lehman stock? Yeah, they are now worth nothing."

Me: "What's going to happen?" read more about being a Lehman Brothers wife...