[quote=kev374]is this reliable? They are saying that if they can’t raise $75 billion by end of day tommorow they have to file bankruptcy on Wednesday. That seems a bit too far fetched for me to believe! If this is not the case then I would say CNBC is going down the path of very irreponsible journalism by spreading this kind of panic.[/quote]

A week ago no one believed that Lehman would have to be sold or go BK. I’m not saying CNBC is correct, but it wouldn’t surprise me one bit if they are. Given the events of recent months, this is not too far fetched to believe.