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Started By
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re: Lehman Watch Thread
Posted on 9/14/08 at 6:12 pm to kfizzle85
Posted on 9/14/08 at 6:12 pm to kfizzle85
quote:That the next tier of banks trying to solve their problems, or so they said on NBC news. Apparantly the Fed has decided to stay out of it and let Wall Street solve it on their own. There's blood in the water.
WSJ saying BAC and Merril in merger talks now.
2
Posted on 9/14/08 at 7:22 pm to Herb
CNBC said "banks putting together 50 billion dollar fund to absorb lehman losses" on their little special.
Posted on 9/14/08 at 7:59 pm to Herb
quote:
Apparantly the Fed has decided to stay out of it and let Wall Street solve it on their own.
Uh, I'm willing to bet that there is some strong arm-twisting and "moral suasion" going on right now.
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