Tuesday, November 10, 2009
Taking a Closer Look at the Lehman Sale
I always thought there was something stinky regarding the way Barclays managed to take the sweetest peice of Lehman for what looked like a steal. Well Lehman's largest creditors are thankfully taking up the banner and the fight. Looks like there's plenty of corruption to go around with this deal, and Lehman's customers and bond holders obviously want their money. Check out this Yahoo link to the New York Times.
http://finance.yahoo.com/banking-budgeting/article/108122/did-barclays-get-a-remarkable-bargain-on-lehman?sec=topStories&pos=6&asset=&ccode=
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