Comments on: Barclays gets “core Lehman” assets http://www.creditwritedowns.com/2008/09/barclays-gets-core-lehman-assets.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: Edward Harrison http://www.creditwritedowns.com/2008/09/barclays-gets-core-lehman-assets.html#comment-320 Edward Harrison Mon, 22 Sep 2008 14:50:00 +0000 http://www.creditwritedowns.com/2008/09/barclays-gets-core-lehman-assets.html#comment-320 You ask a darn good question. I tried to answer that here:<br/><br/>http://www.creditwritedowns.com/2008/09/random-musing-why-lehman-failed.html<br/><br/>We will see what Lehman actually had on its books in due course. But, the Merrill acquisition looks a tad expensive. The do have some nice Net Operating Losses to reduce the tax bill and the intake that taxpayers receive.<br/><br/>Nice for BofA, bad for federal budget deficits. You ask a darn good question. I tried to answer that here:

http://www.creditwritedowns.com/2008/09/random-musing-why-lehman-failed.html

We will see what Lehman actually had on its books in due course. But, the Merrill acquisition looks a tad expensive. The do have some nice Net Operating Losses to reduce the tax bill and the intake that taxpayers receive.

Nice for BofA, bad for federal budget deficits.

]]> By: dearieme http://www.creditwritedowns.com/2008/09/barclays-gets-core-lehman-assets.html#comment-297 dearieme Tue, 16 Sep 2008 22:54:00 +0000 http://www.creditwritedowns.com/2008/09/barclays-gets-core-lehman-assets.html#comment-297 Why didn't Bank of America pick up bits of The Thundering Herd in the same way? (i.e. cheaply) Why didn’t Bank of America pick up bits of The Thundering Herd in the same way? (i.e. cheaply)

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