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Edmundo Braverman's picture

Lehman Europe Sells for $2

by Edmundo Braverman Certified User (Orangutan, 348 Banana Points Points) on 9/26/08 at 1:27pm
I want my two dollars...

Lehman Brothers' European and Middle Eastern operations just sold to Nomura for two bucks -- that's right, TWO BUCKS. You want fries with that?

http://www.japantoday.com/category/business/view/nomura-pays-only-2-for-...

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peanutbutterjelly's picture

wow. at least, it's better

by peanutbutterjelly (Monkey, 43 Banana Points Points) on 9/26/08 at 3:19pm

wow.

at least, it's better than the wamu debacle :(

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guimion11's picture

they overpaid IMO

by guimion11 (Senior Monkey, 92 Banana Points Points) on 9/26/08 at 4:32pm

they overpaid IMO

yesman's picture

It was one euro - we don't

by yesman (Senior Baboon, 195 Banana Points Points) on 9/26/08 at 4:36pm

It was one euro - we don't know if/when they'll exchange it and what kind of move that will cause in the FX market....don't get carried away

Edmundo Braverman's picture

AHHHH

by Edmundo Braverman Certified User(Orangutan, 348 Banana Points Points) on 9/26/08 at 6:12pm

So it was a buck and a half.

Nice.

Milos's picture

I should have offered 2.10$.

by Milos (Chimp, 9 Banana Points Points) on 9/28/08 at 12:35pm

I should have offered 2.10$.