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Oh, Lehman

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This is like the whole Bear Stearns thing all over again.

U.S. authorities were in intensive talks with Lehman Brothers over a possible sale of the troubled investment bank to one or more parties, a source with direct knowledge of the discussions said.

What bank is left to buy them? Will Lehman sell for two dollars a share too? Greed brings another mighty financial institution to its demise.

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Written by Jason Gooljar

September 11th, 2008 at 9:27 pm

Posted in Corporatism,Economy

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