Wednesday, March 14, 2007

 

Late Day Thought

Tom Brown is on fucking fire, today.

# posted by Broker A @ 3:30 PM
Comments:
LEND said it is pursuing strategic options. Since LEH said it is sifting through the sub prime rubble, guess people are speculating LEH will buy LEND?
# posted by Blogger MaggotAtBroad&Wall : 3:53 PM
 
This comment has been removed by the author.
# posted by Anonymous Anonymous : 3:58 PM
 
BTW, LEND has already said it's out of cash. If LEH wants LEND, I see no reason why LEH wouldn't let me file, dischages all the potential lawsuits and toxic liabilities in bankrupty, then buy the assets out of bankruptcy.

But I'm just a lowly maggot, so what do I know.
# posted by Blogger MaggotAtBroad&Wall : 4:05 PM
 
replace *me* with *them*
# posted by Blogger MaggotAtBroad&Wall : 4:07 PM
 
"replace *me* with *them*"

Yeh, right. You slipped dude. I knew you were the CEO of LEND.

Don't you have a bankruptcy to handle?
# posted by Blogger Broker A : 4:26 PM
 
Not sure why LEH would want to get involved if their is mucho liablilty pending. The creditors could file the Bankruptcy Petition for LEND and set aside the deal as a preferential transfer if the creditors aren't satisfied with the LEH deal.
# posted by Blogger TraderCaddy : 4:57 PM
 
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