1. Lehmen brothers to raise US$3-4 billion. Needs to deleverage. Markets guessing they will report a bad quarter on June 16. Stock price took quite a hit after rising last week.
2. China's Yanzhou raises 2008 coal export price. Likely buffering for their winter ahead. Could bode well for ANR, FDG.
3. S&P cuts ratings on MER, LEH and MS.
