Pancho Villa's Short Analysis File Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Pancho Villa's Short Analysis File

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Pancho Villa who wrote (9)	9/27/1998 8:56:00 PM
From: Mama Bear	Read Replies (1) of 287

Pancho, according to today's Washington Post Lehman Bros. ponied up $300 million. Unfortunately the table that appears in the print edition doesn't appear on the Post web version, but the underlying story can be found at: washingtonpost.com The table in the print edition says that Bear Stearns and Credit Agricole refused to participate. My first thought was that there are two firms that don't throw good money after bad. It is interesting that your perception is that they don't have the money to do it. I suppose either could be accurate. I think that GS delayed their IPO because they're not going to get the money that they thought they would. At least inasmuch as the LTC debacle has caused the slide in the value of the brokerages it caused the delay in the IPO. It could of course be a more direct cause and effect. Barb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next