• 16 Sep 2008 at 9:28 AM

Lehman And Barclays Continue To Still Be Talking

By

The Wall Street Journal is reporting that an agreement is expected to be reached for Barclays to buy Lehman’s U.S. broker-dealer unit in the next several hours. Unlike the potential deal the Barclettes pulled out of Sunday, the one being discussed circa now would allow the U.K. bank leave behind Lehman’s not so great assets (which are now sequestered in Chapter 11 bankruptcy, where– fingers crossed– they can’t fuck up any more shit). Everyone keeps stressing that this needs to get done quickly because Lehman employees are all trying to get new jobs stat. We of course think it would be great if all the Brothers landed new gigs ASAP, but seriously, who the Christ is being employed before the weekend?
Anyway…I thought while we wait for an announcement from BarcLehs, we could watch Chaz Gasparino and Andrew Ross Sorkin’s duet on Charlie Rose last night, but the video is sadly not yet available. So…thoughts on the new WSJ.com? And– did they have to change today? Really the best time for that? I’m not saying it’s going to have an impact on AIG et. al., but I’d appreciate a little stability.

    Sign up for the Dealbreaker newsletter

    Subscribe to our free daily email and get breaking news, financial headlines, commentary, and analysis from Dealbreaker.

    — Advertisement —

    Comments (20)

    1. 1
      Posted by guest | September 16, 2008 at 9:37 AM

      First!
      I think I like it. I agree, – we will get used to it. We always do…

    2. 2
      Posted by guest | September 16, 2008 at 9:37 AM

      First!
      I think I like it. I agree, – we will get used to it. We always do…

    3. 3
      Posted by guest | September 16, 2008 at 9:37 AM

      First!
      I think I like it. I agree, – we will get used to it. We always do…

    4. 4
      Posted by guest | September 16, 2008 at 9:37 AM

      First!
      I think I like it. I agree, – we will get used to it. We always do…

    5. 5
      Posted by guest | September 16, 2008 at 9:39 AM

      @1,2,3,4 Lay off the coffee bro. That mouse doesn’t quadruple click itself.

    6. 6
      Posted by guest | September 16, 2008 at 9:43 AM

      @1,2,3,4…you’re in line for a liquid plumber enema if you keep mashing that “post comment” button.

    7. 7
      Posted by guest | September 16, 2008 at 9:45 AM

      If Ken Lewis is such a Wall Street savior and made such a great buy with ML, why is his fucking stock down almost 25% since yesterday.

    8. 8
      Posted by guest | September 16, 2008 at 9:47 AM

      The new WSJ is just a copy of Rupert Murdoch’s Australian papers.
      The Australian:
      http://www.theaustralian.news.com.au/
      The Melbourne Herald Sun:
      http://www.news.com.au/heraldsun/

    9. 9
      Posted by guest | September 16, 2008 at 9:47 AM

      Is there news with AIG, LEH? AIG stock not tanking as horrendously as it was.

    10. 10
      Posted by Dan Daoust | September 16, 2008 at 9:47 AM

      I like the redesign!
      I like the redesign!
      I like the redesign!
      I like the redesign!

    11. 11
      Posted by guest | September 16, 2008 at 9:49 AM

      How much did Einhorn make on LEH failing?

    12. 12
      Posted by Rex Bannister | September 16, 2008 at 9:58 AM

      The new WSJ design is soooo cutting edge.

    13. 13
      Posted by Dan Daoust | September 16, 2008 at 10:02 AM

      What I really like is the innovation of putting the comments on a separate tab, rather than having them begin right below the article. Nice differentiation there, and helps to avoid the half-witted chatterama.

    14. 14
      Posted by guest | September 16, 2008 at 10:02 AM

      Change is always bad.

    15. 15
      Posted by guest | September 16, 2008 at 10:04 AM

      @7, cigarette breaks over. get the mop and clean up the puke in the bathroom

    16. 16
      Posted by guest | September 16, 2008 at 10:09 AM

      So if Barclays buys the broker dealer, does that mean LEH summer interns will probably get their offers honored?

    17. 17
      Posted by guest | September 16, 2008 at 10:09 AM

      Bess, I had given up cursing in the interest of raising my daughter not to have a potty mouth, but I’m so impressed by your turns of phrase lately that I’ve fallen off the wagon.
      Now the kid is saying WTF happened to daddy’s job? and F Dick Fuld!
      Signed,
      Spouse of LEH employee

    18. 18
      Posted by guest | September 16, 2008 at 10:13 AM

      as long as Wretching Morgensen isn’t on….last few times she was on Charlie Rose her retardedness could not be contained…she’s useless

    19. 19
      Posted by guest | September 16, 2008 at 10:23 AM

      Einhorn is Finkle, Finkle is Einhorn…. Einhorn is a Man!@!?@!?@!@!?@!

    20. 20
      Posted by guest | September 16, 2008 at 10:41 AM

      #1 i thought i was bad

    Leave a comment

    You can log in with your account or comment as a guest below.

       or