Lehman Brothers Financial SA (LEHNQ)

[slimugrian]

If Barclays is trying to buy Lehman out then:

1) Barclays estimates that buying Lehman estate before court decision is cheaper than the possible penalty from court.

2) Barclys guys prove that they are greatest idiots ever. They had the chance to buy entire Lehman empire with FED's money two years ago and they didn't do it. Back than it would have cost them a lot less than today + now they don't have the FED's support.

3) The Lehman guys have totally lost it. Buyout would mean opening books to buyer. Would you show your books to your biggest enemy with whom you are fighting in the court? I don't think so.