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Feds, Banks Seek Lehman Deal by Tonight

BofA, Barclays balk at bad assets, but bailout not in the cards

By Harry Kimball, Newser Staff

Posted Sep 13, 2008 2:05 PM CDT

(Newser) – Washington and Wall Street continued talks today aimed at solving the Lehman Brothers crisis as early as tonight, the Wall Street Journal reports. Federal Reserve officials still refuse to approve a bailout like the one that enabled JP Morgan to acquire Bear Stearns this summer—... Read full story »

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Feds, Banks Seek Lehman Deal by Tonight

BofA, Barclays balk at bad assets, but bailout not in the cards

Ben Bernanke • Wall Street • Bank of America • Barclays • Federal Reserve • Bear Stearns • Lehman Brothers • bailout • financial crisis

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More Newser Stories

Feds Let Lehman Fail—Then Loaned It $138B Anyway

Paulson & Co. say cash was to 'facilitate orderly wind-down' of trades, but questions persist

Fed Won't Say Where $2T in Loans Went

Money is in addition to $700B Wall St. bailout; collateral unclear, too

Bernanke, Paulson Put Fear of God Into Pols

Of meeting with officials, lawmaker says: 'We have never heard language like this'

10 Banks Form $70B Fund to Stave Off Crash

Paulson brokers twin public-private liquidity measures

Bank of America in Talks to Buy Lehman Bros.

Investment bank looking for buyers to save it from collapse

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