Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Leisler
Lehman aside, the good thing is that no body knows, law or no law, what the Treasury, or Bush is or is not going to do, that may or may not be done in the future by an Obama administration. Other than that, it’s clear sailing.

... on the good ship Titanic.   ;-)

10 posted on 12/29/2008 8:11:58 PM PST by 6SJ7 (Atlas Shrugged Mode: ON)
[ Post Reply | Private Reply | To 8 | View Replies ]


To: 6SJ7; Leisler; The Invisible Hand
BTW, you might find this interesting:

While bondholders will lose as much as 90% of their investment, one entity got all of its money back -- the Federal Reserve. At one time it was owed about $63 billion by Lehman, according to Mr. Marsal. But a postbankruptcy sale of some Lehman assets to Barclays PLC meant that all of the debt to the government was repaid.

12 posted on 12/29/2008 8:16:28 PM PST by CutePuppy (If you don't ask the right questions you may not get the right answers)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson