“No Ticky No Shirty”

That’s what Barclays has just told Mr. Paulson. They have walked away unless the Fed gives them a guarantee, which Paulson has said is out of the question. Unless things change, and fast, Lehman will be heading for liquidation. Watch out below.

At least we have all that good news though from AIG, MER and WM tomorrow. Gonna be ugly.

Previous Post
Good Lehman, Bad Lehman and Financial Armageddon?
Next Post
Merrill and Bank of America in Merger Talks

Recent Articles