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.
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Tags: Barclays, Lehman Brothers
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Bid 60c
FT says deal is done. http://www.ft.com/cms/s/0/5c9dcc26-83f1-11dd-bf00-000077b07658.htmlnclick_check=1
FT says deal is done. http://www.ft.com/cms/s/0/5c9dcc26-83f1-11dd-bf00-000077b07658.htmlnclick_check=1
@2 & 3 stop posting crappy links about pakistan.
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”.
ft is reporting deal done for part of LEH, just wrong link by 2&3
sorry about that. more sorry that the link got sent to 70 person blomberg loop
5, sure it is like Melanoma is isolated to a mole, until it spreads and ultimately brings on a certain, agonizing death.