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BofA Could Partner With China Fund on Lehman Bid

Bankruptcy remains possibility for firm

By Wesley Oliver, Newser Staff

Posted Sep 12, 2008 12:17 PM CDT

(Newser) – Bank of America could partner with financial investor JC Flowers and a Chinese sovereign wealth fund on a bid to rescue Lehman Brothers, the Financial Times reports. The hobbled investment bank had resisted selling itself, but is now eagerly seeking suitors before the last of... Read full story »

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BofA Could Partner With China Fund on Lehman Bid

Bankruptcy remains possibility for firm

private equity • Wall Street • Bank of America • Henry Paulson • shareholders • Bear Stearns • SEC • Lehman Brothers • JC Flowers and Co • China Investment Corp

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