European Tribune - Comments - Lehman: more socialising the losses of the rich

Lehman: more socialising the losses of the rich | 200 comments (200 topical, 0 editorial, 0 hidden)

Does the Merrill Board really have any choice at this point but to say yes. Now that the news has broken - what would be the repurcussions of not making a deal. Catastrophe.

by Maryb2004 on Sun Sep 14th, 2008 at 07:15:00 PM EST
[ Parent ]

Re: Lehman Files (none / 0)

They're being offered a +50% premium over the last market quote!

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Sun Sep 14th, 2008 at 07:22:05 PM EST
[ Parent ]

Re: Lehman Files (none / 0)

No, no choice. The Fed apparently forced them into it.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Mon Sep 15th, 2008 at 08:24:46 AM EST
[ Parent ]

Lehman: more socialising the losses of the rich | 200 comments (200 topical, 0 editorial, 0 hidden)

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