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Unlikely. Buffett's intuition that the deal for Barclays to buy ALL of Lehman is fishy, was probably spot on. And more information would not have changed his mi
by biohacker42 17y ago
Unlikely. Buffett's intuition that the deal for Barclays to buy ALL of Lehman is fishy, was probably spot on. And more information would not have changed his mind, and the insurance he might have offered to Barclays would probably have been to expensive for them to go ahead with the deal.
- deleted 17y ago[deleted]
- jsm386 17y agoit was, in fact, exactly spot on: Lehman Brothers has accused Barclays Capital of taking $8.2 billion more than it should have when it bought key assets of the failed investment bank a year ago. http://news.yahoo.com/s/ap/20090915/ap_on_bi_ge/us_lehman_brothers_bankruptcy http://news.yahoo.com/s/ap/20090915/ap_on_bi_ge/us_lehman_br...
- j_b_f 17y agoIf preventing the collapse of your entire financial system is predicated on the idea that one guy can use his cellphone, I'd argue you're fucked no matter what. But yeah, I'd guess that this was one of those missed calls "of convenience".