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To: CutePuppy
nobody was interested in bidding.

or there were outsized incentives to run it into the ground.

2 posted on 12/29/2008 7:43:59 PM PST by the invisib1e hand (revolution is in the air.)
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To: the invisib1e hand

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.


8 posted on 12/29/2008 8:03:44 PM PST by Leisler
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To: the invisib1e hand
nobody was interested in bidding. ...
or there were outsized incentives to run it into the ground.

Good observation. There were at least two sides to this, and at least one of the sides was interested in running Lehman (and/or) other US financial institutions into the ground, and not necessarily just for financial reasons.

11 posted on 12/29/2008 8:12:50 PM PST by CutePuppy (If you don't ask the right questions you may not get the right answers)
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