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Thursday, September 11, 2008

Lehman Sale

According to the latest report, Fed and Treasury are arranging sale of Lehman through a consortium of private investors according to Washington Post. 

Before this report, there were rumors of Bank of America.  But like JP Morgan & Bear Stearns deal, BoA wanted a government money.

I wonder how much tax payer dollar they are using this time for Lehman sale.


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