Wednesday, June 19, 2013 9:50:29 AM
I'm well aware of Barclays involvement and interest in a Lehman acquisition prior to Lehman's 2008 Bankruptcy.
I'm well aware of their delays in closing as well.
The likelihood of an International partner stepping in for Lehman is probably why Lehman didn't get the help from the Fed as a "Too Big To Fail" Bank: If Lehman was to be foreign owned, Lehman wasn't going to get US Federal Treasury assistance or participate at the Discount Window.
So, Barclays was operating to "cherry pick" and not closing on the entire deal and bringing the entire company into the British fold with British resources and under a British mandate.
This delayed results for Lehman US creditors.
What is your point in posting copies of the quotes you identify?
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