Originally Posted by
nene
Lehman Bros did, which scared the govt enough to get involved and grease the skids for Bear Stearns and Merril Lynch to be sold instead of BK'd
Where do you get your info?! Lehman went belly up in September 2008. Bear was bought with MASSIVE govt help in March…. Nearly 6 months before Lehman was allowed to go bankrupt. Your timeline is off, and, BoA didn’t get the “Jamie deal” by acquiring Merril…. They did it out of convenience.