Lehman Bailout this Weekend (Bear Stearns replay)

[Enorah]

The other day someone mentioned to me that he thought he would ………… once the economy got back to normal in November.

It’s not going back to the way it was

It’s over

Greed and corruption and fear is turning on itself and those who have tried to out run it, hide from it, and use the energies of it to control others are in for an instant karmic reckoning.

Be generous, keep your hearts open as we shift and evolve and you will rise above the fray and create for yourself a reality filled with peace and love and joy.

[peterb]

Dont forget that LEH has a bunch of Bush’s buddies and relatives in it as well. So it’ll probably be saved. But next week should be hell. How far away is Wamu from the Friday night fights?

[peterb]

Dont forget that LEH has a bunch of Bush’s buddies and relatives in it as well. So it’ll probably be saved. But next week should be hell. How far away is Wamu from the Friday night fights?

[peterb]

Dont forget that LEH has a bunch of Bush’s buddies and relatives in it as well. So it’ll probably be saved. But next week should be hell. How far away is Wamu from the Friday night fights?

[peterb]

Dont forget that LEH has a bunch of Bush’s buddies and relatives in it as well. So it’ll probably be saved. But next week should be hell. How far away is Wamu from the Friday night fights?

[peterb]

Dont forget that LEH has a bunch of Bush’s buddies and relatives in it as well. So it’ll probably be saved. But next week should be hell. How far away is Wamu from the Friday night fights?

[kev374]

Bank Of America has also pulled out, looks like Bankruptcy is a VERY likely possibility by this evening. Tommorow should be just great!

Frantic weekend on Wall St.

[kev374]

Bank Of America has also pulled out, looks like Bankruptcy is a VERY likely possibility by this evening. Tommorow should be just great!

Frantic weekend on Wall St.

[kev374]

Bank Of America has also pulled out, looks like Bankruptcy is a VERY likely possibility by this evening. Tommorow should be just great!

Frantic weekend on Wall St.

[kev374]

Bank Of America has also pulled out, looks like Bankruptcy is a VERY likely possibility by this evening. Tommorow should be just great!

Frantic weekend on Wall St.

[kev374]

Bank Of America has also pulled out, looks like Bankruptcy is a VERY likely possibility by this evening. Tommorow should be just great!

Frantic weekend on Wall St.

[jficquette]

I got this off the internet a few mins ago.

Lehman Brothers Holdings Inc *ACCORDING TO PEOPLE BRIEFED ON THE MATTER, LEHMAN WILL FILE FOR BANKRUPTCY PROTECTION ON SUNDAY NIGHT – NYT
– According to the report, Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection, while its subsidiaries will remain solvent while the firm liquidates its holdins, according to these people.
– A group of banks will provide a financial backstop to help provide an orderly winding down of the investment bank
– The Fed has agreed to accept lower quality assets in return for loans from the government.
– With respect to the bankruptcy filing, Lehman’s filing is not likely to resemble those of other companies that seek bankruptcy protection because of the harsher treatment that federal bankruptcy law applies to financial-services frms.
– NYT adds that changes to the bankruptcy code mean that counterparites to Lehman’s credit default swaps can seize their collateral at any time, posing an enormous potential risk to the entire financial markets.
– Lehman has retained the law firm Weil, Gotshal & Manges to prepare its bankruptcy filing.
– (reminder from earlier today) LEH: NYT speculates Lehman will be forced into receivership after weekend talks fail to materialize

John

[jficquette]

I got this off the internet a few mins ago.

Lehman Brothers Holdings Inc *ACCORDING TO PEOPLE BRIEFED ON THE MATTER, LEHMAN WILL FILE FOR BANKRUPTCY PROTECTION ON SUNDAY NIGHT – NYT
– According to the report, Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection, while its subsidiaries will remain solvent while the firm liquidates its holdins, according to these people.
– A group of banks will provide a financial backstop to help provide an orderly winding down of the investment bank
– The Fed has agreed to accept lower quality assets in return for loans from the government.
– With respect to the bankruptcy filing, Lehman’s filing is not likely to resemble those of other companies that seek bankruptcy protection because of the harsher treatment that federal bankruptcy law applies to financial-services frms.
– NYT adds that changes to the bankruptcy code mean that counterparites to Lehman’s credit default swaps can seize their collateral at any time, posing an enormous potential risk to the entire financial markets.
– Lehman has retained the law firm Weil, Gotshal & Manges to prepare its bankruptcy filing.
– (reminder from earlier today) LEH: NYT speculates Lehman will be forced into receivership after weekend talks fail to materialize

John

[jficquette]

I got this off the internet a few mins ago.

Lehman Brothers Holdings Inc *ACCORDING TO PEOPLE BRIEFED ON THE MATTER, LEHMAN WILL FILE FOR BANKRUPTCY PROTECTION ON SUNDAY NIGHT – NYT
– According to the report, Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection, while its subsidiaries will remain solvent while the firm liquidates its holdins, according to these people.
– A group of banks will provide a financial backstop to help provide an orderly winding down of the investment bank
– The Fed has agreed to accept lower quality assets in return for loans from the government.
– With respect to the bankruptcy filing, Lehman’s filing is not likely to resemble those of other companies that seek bankruptcy protection because of the harsher treatment that federal bankruptcy law applies to financial-services frms.
– NYT adds that changes to the bankruptcy code mean that counterparites to Lehman’s credit default swaps can seize their collateral at any time, posing an enormous potential risk to the entire financial markets.
– Lehman has retained the law firm Weil, Gotshal & Manges to prepare its bankruptcy filing.
– (reminder from earlier today) LEH: NYT speculates Lehman will be forced into receivership after weekend talks fail to materialize

John

[jficquette]

I got this off the internet a few mins ago.

Lehman Brothers Holdings Inc *ACCORDING TO PEOPLE BRIEFED ON THE MATTER, LEHMAN WILL FILE FOR BANKRUPTCY PROTECTION ON SUNDAY NIGHT – NYT
– According to the report, Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection, while its subsidiaries will remain solvent while the firm liquidates its holdins, according to these people.
– A group of banks will provide a financial backstop to help provide an orderly winding down of the investment bank
– The Fed has agreed to accept lower quality assets in return for loans from the government.
– With respect to the bankruptcy filing, Lehman’s filing is not likely to resemble those of other companies that seek bankruptcy protection because of the harsher treatment that federal bankruptcy law applies to financial-services frms.
– NYT adds that changes to the bankruptcy code mean that counterparites to Lehman’s credit default swaps can seize their collateral at any time, posing an enormous potential risk to the entire financial markets.
– Lehman has retained the law firm Weil, Gotshal & Manges to prepare its bankruptcy filing.
– (reminder from earlier today) LEH: NYT speculates Lehman will be forced into receivership after weekend talks fail to materialize

John

[Author]

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