"Shareholders have long argued the bank was improperly seized and sold too cheaply by the Federal Deposit Insurance Corp to JPMorgan Chase & Co (NYSE:JPM - News) for $1.88 billion."
From the Wamu case...similar argument could be used here, no?
Lehman was forced to declare BK and sold way too cheaply to Barclays. IMO
Most had given up. This might be an incentive to start hoping again. The deal is being made because the debt holders used information not known to the public. mmm this guys like Paulson bought more debt knowing things we didn't yet? Not accusing, just an honest question. If you read that last month was the busiest in debt trading of Lehman and there has been no real information given and they put up their own reorg plan ... we might get somewhere.
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