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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (109917)	9/19/2008 9:34:06 PM
From: tom pope	Read Replies (2) \| Respond to of 206325

Now it would appear that the Fund being set up to bail out the many institutions should also include Lehman. May well be true, but the beneficiary will not be the LEH shareholders but the Trustee in Bankruptcy who is charged with realizing value from the estate. Can't find fault with that.

To: Fiscally Conservative who wrote (109917)	9/21/2008 8:38:15 PM
From: XoFruitCake	Respond to of 206325

"Now it would appear that the Fund being set up to bail out the many institutions should also include Lehman. Will that be the case? Maybe not,but Lehman certainly has an argument to litigate. You can not pick and choose who you will bail out and who you will not. " But what would be the point of litigation? Is LEH going to argue that the bailout should have include them and ask for damage? The BK is done and they are already selling off asset. So they cannot unwind the BK decision. The only case left is suing for damage. Don't see much of an argument there.. Another strange thing going on now is AIG shareholder making noise about the term of the bailout.. I think we are going to have a mexico standoff between Fed and the AIG shareholder. Sort of like the BSC shareholder vs JPM.. I think the shareholders want to negotiate better term by threatening to without the vote and force AIG to bk and trigger a systematic problem.. We are living in a strange time now.. I think I am going more and more in safe cash ... things are not looking up too well..