Lehman Shock Waves Hit European Bourses
When U.S. Treasury Secretary Henry Paulson called Barclays President Bob Diamond on Sept. 12 and asked him to consider buying Lehman Brothers, both the U.S. government and Barclays (BARC.L) knew that the London-based bank could not consummate the deal over the weekend without U.S. government help.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Marc Faber Asked to Leave Sprott Board After Racist Report
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing