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Non-Tech : LEH LEHMAN BROTHERS -- Ignore unavailable to you. Want to Upgrade?

To: lukematt who wrote (304)	9/9/2008 5:23:44 AM
From: Tom Caruthers	Read Replies (3) \| Respond to of 315

Call my crazy but it would seem that Korea Development bank is getting some help in its purchase of 25% of LEH by its own govt. As KDB privatizes from its government roots, why wouldn't the Korean government "facilitate" negotiations and get a better ownership with LEH by threatening to thwart the deal? In anycase, I'm in at $14. They better do something soon. Splitting up LEH into a good bank and bad bank is not that crazy either. If the good side is worth $10B (Neuberger Berman, etc), the market cap of the whole is now $10B, then write-off the entire bad bank and be done with it. I would say that this market is crazy. Hard to make money in an irrational market. Tom