Will Lehman Brothers be bought out?

Lehman Brothers


Is anyone attempting to apply to [[Lehman Brothers]] right now? …what do people think about their massive recent loss of value… apparently at 12% of the value it was 12 months ago… and the Bank of Korea pulling out of a deal to buy LB’s shares? Ouch…

I’ve heard of academics who were predicting an unamed major [[investment banking|investment bank]] would crumble at the peak of the credit crunch. Could this be it?


Some interesting thoughts from CNN on the matter:



Yes. [http://money.cnn.com/2008/09/03/news/companies/lehman_korea_bank.fortune/index.htm?postversion=2008090311 This too] …interesting info on [[White Knight]]s, etc.