For Lehman, Liquidation Seems the Most Likely Scenario
The fate of Lehman Brothers darkened as Barclays, the sole remaining bidder for the firm, told federal regulators that it was walking away from a transaction.
Bank of America, Merrill Lynch in Merger Talks
Bank of America and Merrill Lynch are in merger discussions. Much remains uncertain and conditions were fluid.
AIG plans to disclose a comprehensive restructuring early Monday that is likely to include the disposal of major assets, including its aircraft-leasing business.
Source:WSJ headlines
How this plays out on Monday morning will have to be watched. Will BAC really pay $25 to $30 per share for Merrill? Will LEH file bankruptcy?
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