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WinLoseOrDraw

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Sunday, 09/14/2008 4:40:04 PM

Sunday, September 14, 2008 4:40:04 PM

Post# of 147523
Back to the markets - looks like Wall Street is asking to see Paulson's hand - all potential deals for taking care of Lehman quickly and in an orderly fashion appear to be DOA unless Mr. Gov't backstops.

If plays out like this, it means a bankruptcy filing (probably tonight) and another penny stock for people who don't remember Enron and Worldcomm to chase (like they're chasing Fannie & Freddie).

In a whacky twist, it appears one of the Lehman suitors - B of A - is now prepping a bid to buy Merrill Lynch.




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