Investing Adventures

Thursday, September 11, 2008

Treasury and Fed Engineering Lehman Sale

Filed under: Alerts, Features — Tags: , — Jorge @ 2:35 pm

Well whatdya know?  Seems like another one bites the dust.  As of 17:30 today, the Treasury Department and the Fed are brokering a deal to have Lehman taken private by Sunday.  Here’s the article from the Washington Post.  At least it’s another shot in the arm.  Let’s see how long this rally lasts?  4 hours perhaps?

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