Lehman insolvent?

As the market rallied on Monday with the news of the Fannie and Freddie rescue, it weakened yesterday on news the Lehman still hasn't secured a new capital infusion...

From the New York Times:

On Wall Street, there is a growing sense that Lehman may have to solve its problems on its own, without drastic help from the government, which in March brokered the rescue of another Wall Street bank, Bear Stearns.

"Some may worry that Treasury has taken on so much taxpayer burden they don't have any remaining capacity more to take on the burdens of Lehman," said David Trone, an analyst at Fox-Pitt Kelton.