What does George Soros see in Lehman Brothers?

Soros' purchase is puzzling. He has repeatedly discussed the credit crisis and how it will drag on for years. Then he takes a large stake in LEH which contradicts everything he has been saying.

I wonder if he was unloading shares into the strength on Friday from the rumor. He would still have taken a loss and it will only increase. The only way LEH is taken over is through a takeunder.

You should write an article about all of the rumors there have been to pump stocks yet the SEC hasn't once mentioned any of them. These rumors, which allow the perpetrators to fleece others, are apparently fine. When the rumors cause stocks to drop then they are a problem. Ironically for every negative rumor I can name 10 that ramped the markets.

Elementary, my dear Greg - Soros wants to own LEH entirely and he knows what he can turn it into. He's just taken a position; he will dollar-cost-average to get LEH's total sale price. His network may have triggered this morning's run on the stock, to profit from the confusion and fear in the wake of the fed's takeover of TWO 800-lb gorillas.

It's quite possible that Soros himself wasn't doing the trade but one of his fund managers under the Soros name. So that guy/gal is now going to be let go. It's also possible that the trade was hedged with indices or even short swap of lehman stock to just garner influence in any proxy fighting. For all we know he had put options to protect the downside. We just don't know, because SEC filings only show the long position and none of the hedging derivatives.

It was to get his boy the presidency of course.

Soros mysteriously bought this stock 3 weeks before Lehman crashed. He had something to do with it's crashing, though, I'm not sure what it was -- did he take a loss, sell short -- his people declined to comment on his portfolio after the Lehman crash. This time it was not about making money -- it was about another investment of his -- Obama.

The Lehman crash came just as McCain gained huge popularity with his Palin pick and his poll numbers picked up -- he was ahead (though the media tries to tell us the Palin pick was a disaster -- they are clearly rewriting history).

Over the past 30 years, Soros has crashed whole economies to further his global vision in Japan, Russian, UK, South America and certainly the US. This is what he does -- why is everyone so perplexed?