The Debt That Lehman Dumped Pumped?

Posted by Equity Private, Sep 16, 2008, 10:05am

Depending on how hungry investors were for debt today, they may or may not have been annoyed at the news that Lehman's rumored BWIC for $800+ million of debt from issuers like Tribune, Visteon, Sabre Holdings and the like has been canceled. Perhaps Barclays is closing in for the kill after all? Yep, that was it.

1Recommend this! 8Comments
Posted in: Lehman
Tags: Barclays, Lehman Brothers

Comments

1

Posted by guest , Sep 16, 2008 10:17AM

Bid 60c

2

Posted by mj , Sep 16, 2008 10:20AM

FT says deal is done. http://www.ft.com/cms/s/0/5c9dcc26-83f1-11dd-bf00-000077b07658.htmlnclick_check=1

3

Posted by mj , Sep 16, 2008 10:21AM

FT says deal is done. http://www.ft.com/cms/s/0/5c9dcc26-83f1-11dd-bf00-000077b07658.htmlnclick_check=1

4

Posted by guest , Sep 16, 2008 10:25AM

@2 & 3 stop posting crappy links about pakistan.

5

Posted by guest , Sep 16, 2008 10:29AM

CNBC - wtf? Erin Burnett says "this is an isolated cancer" ?!?! When a $1 trillion insurance company with global reach may go bankrupt, broker dealers are eviscerated and credit spreads are at historic highs... this is not "isolated".

6

Posted by guest , Sep 16, 2008 10:31AM

ft is reporting deal done for part of LEH, just wrong link by 2&3

7

Posted by mj , Sep 16, 2008 10:43AM

sorry about that. more sorry that the link got sent to 70 person blomberg loop

8

Posted by guest , Sep 16, 2008 10:55AM

5, sure it is like Melanoma is isolated to a mole, until it spreads and ultimately brings on a certain, agonizing death.

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