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| Bank of America to be |
| 2008-09-12 |
| I give the link of Naked Capitalism because of the number of other news links concering this story Lehman has been more or less widely reported for six months to be the next investment bank to be swallowed up by Treasury-arranged "buyouts." |
| Posted by:badanov |
| #5 I hope the home loan business doesn't go back to the way it used to be, where you couldn't get a loan unless you could prove you didn't even need one. That would be a pretty big price to pay for all these assholes to do the biggest smash and grab I've ever seen. They get the money, we get screwed, how much more capitalist can you get Pebbles? |
| Posted by: bigjim-ky 2008-09-12 15:56 |
| #4 Exactly Mike. Saw a vid of Jamie Dimon (JPMorgan) say about buying Bear Sterns "There's a difference between buying a house and buying a house on fire." |
| Posted by: GORT 2008-09-12 12:41 |
| #3 Lehman is already dead. Let's not go throwing cash into their coffin. When their stock gets cheap enough, someone will buy them. If not, who cares. Lehman means nothing. |
| Posted by: Mike N. 2008-09-12 11:35 |
| #2 Loads of rich people will lose money unless the taxpayer bails out this bankrupt company! Come on America, get capitalist. |
| Posted by: Bright Pebbles 2008-09-12 10:14 |
| #1 Oh no, not again. Just why does Lehman need to be saved as opposed to being liquidated, anyway? |
| Posted by: Anguper Hupomosing9418 2008-09-12 02:34 |