1:15 pm "Due to the large open interest, the secondary bidding period for the Lehman auction opened a few minutes early, and is to be extended to 1:30pm. Final results will be published at 2pm as expected."
Ooooh. Don't tease me!
2:04 pm Hmmm, I wonder what's keeping them. The 2pm deadline is passed.
2:09 pm Final Results of the Lehman Brothers Auction, Friday 10th October 2008;
Final Price: 8.625
DealBreaker fools around a lot but they know what's important. This number means hedge fund bankruptcies. For our other Lehman posts use the 'Search Blog" box, keyword- Lehman.