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« Morning Lehman Brothers headlines - Lehman Wake at Bobby Van's; Poole: No Fed funding for any rescue; No Lehman money market panic; Dead Firm Walking | Main | Perhaps the Pope could also say a prayer for Lehman Brothers »

No government money for Lehman bailout according to "sources"

09:05    LEH Lehman Brothers: CNBC commentator says source say no government money in resolution of Lehman situation  (4.22 )  -Update-
 
    Source says two things will make this deal different: 1) the market has been aware of the situation and has had time to prepare; 2)Fed's primary dealer credit facility now exists to allow for orderly process

  Briefing.com

September 12, 2008 in Credit Crunch, Fed, Lehman Brothers, U.S. Treasury |

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