Smells Like Another Bail Out

falcon · 09-13-2008, 01:52 PM

Lehman Brothers is in very deep financial crap. The feds are trying to sell the investment bank and avoid another Bear-Stearns type bailout.[/align][/align]

Quote:

Deliberations resumed Saturday as leading Wall Street executives and top U.S. financial officials tried to find a buyer or financing for the nation's No. 4 investment bank and to stop the crisis of confidence spreading to other U.S. banks, brokerages, insurance companies and thrifts.[/align]

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oldelkhunter · 09-13-2008, 08:14 PM

Yep another beauty but I think the Chinese are buying them

younggun308 · 09-14-2008, 02:28 AM

I heard that Lehman Brothers was a German company?

kybuck20032001 · 09-14-2008, 07:05 PM

Please no more bailouts

kevin1 · 09-15-2008, 08:51 AM

They've since filed for Chapter 11, they'll get it.

bugsNbows · 09-15-2008, 09:58 AM

I think it's been decided NOT to bail them out. That's good news.