The Treasury Department is adamantly against any plan to rescue Lehman Brothers that would put taxpayer money at risk, according to a person familiar with the matter.
Negotiations over the fate of Lehman are underway right now, with officials from the Treasury Department and the Federal Reserve playing a pivotal role. But the government’s assistance is mainly confined to offering waivers of certain banking regulations rather than any direct financial role, the person said.

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Comments (17)

  1. Posted by guest | September 12, 2008 at 11:30 AM

    duh. I posted this an hour ago on the other thread.
    duh.

  2. Posted by guest | September 12, 2008 at 11:31 AM

    I posted this an hour ago on the other thread.

  3. Posted by guest | September 12, 2008 at 11:32 AM

    I removed the duh’s cause I felt bad.

  4. Posted by guest | September 12, 2008 at 11:33 AM

    DAVID EINHORN JUST BLEW A LOAD OF WARM STICKY CUM ON ERIN CALLAN’S FACE.
    AND SHE IS SWALLOWING WHAT TRICKLED INTO HER LIPS.

  5. Posted by John Carney | September 12, 2008 at 11:38 AM

    Thanks!

  6. Posted by guest | September 12, 2008 at 11:39 AM

    I am all warm and fuzzy now.

  7. Posted by RAW DOG | September 12, 2008 at 11:44 AM

    Carney – Was your thanks to #4 or to #1? Or just a general thanks to your avid dealbreaker audience?

  8. Posted by John Carney | September 12, 2008 at 11:48 AM

    Thanks to everyone, especially our friends at Lehman. We love you guys.

  9. Posted by guest | September 12, 2008 at 11:54 AM

    Got any AIG news?

  10. Posted by guest | September 12, 2008 at 11:56 AM

    Do you love us enough to let us crash on your couch?

  11. Posted by guest | September 12, 2008 at 11:56 AM

    #4 – but don’t you see the line of hard fan boys ready to go to town on Einhorn? he’s due, and ready.

  12. Posted by guest | September 12, 2008 at 11:59 AM

    #4 – but don’t you see the line of hard fan boys ready to go to town on Einhorn? he’s due, and ready.

  13. Posted by guest | September 12, 2008 at 12:00 PM

    @ 4 nothing sicker than a man with a phallus fetish.

  14. Posted by guest | September 12, 2008 at 12:08 PM

    So where’s drinks tonight. And can I flash my lehman id for a free whiskey?

  15. Posted by diablo | September 12, 2008 at 12:11 PM
  16. Posted by John Carney | September 12, 2008 at 12:16 PM

    @14: Yes. Flash you Lehman ID to me and I’ll definitely buy you a drink.

  17. Posted by guest | September 12, 2008 at 12:42 PM

    Hey @4 nice post you tool. You are probably one of the assholes that complained about the mayo and shamwow posts. Bess, why don’t you censor the # 4 post.

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