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re: Lehman Watch Thread

Posted on 9/12/08 at 8:41 am to
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 9/12/08 at 8:41 am to
quote:

brand

Why the frick does the brand matter?
quote:

but the firm has to go through some sort of bankruptcy type of reorganization

Yes, I agree. But I see no reason why the gov't should subsidize this. How about the gov't give my fast food start up a few billion, since clearly we need more fast food!
Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 9/12/08 at 10:18 am to
LINK

quote:

Treasury Secretary Henry Paulson is "adamant" that no government money be used in any deal that resolves the crisis at Wall Street investment bank Lehman Brothers, a source familiar with his thinking said on Friday.
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