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re: Lehman Watch Thread
Posted on 9/12/08 at 7:03 am to MileHigh
Posted on 9/12/08 at 7:03 am to MileHigh
But the value of the company is obviously already negative. It's efficient to keep the brand and infrastructure for the future, but the firm has to go through some sort of bankruptcy type of reorganization, whether official (as in slow and painful Chapter 11 process done through the court system) or unofficial (such as was the case with Bear Stearns).
1
Posted on 9/12/08 at 8:41 am to Doc Fenton
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!
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