peHUB First Read
* Daily carnage roundup: AIG rescued, Barclays pays just $250m for Lehman Brothers' investment banking biz (but $1.75b overall, including its NY HQ), Lehman's investment management unit -- which includes its $35b private equity biz -- remains on the block, Morgan Stanley considers a merger and the Fed holds steady. * Also just hearing that Barclays CEO said the bank has “opportunities but not obligations” to buy Lehman businesses in Europe and Asia. * Insitutional Investor Magazine names Lehman its top fixed-income research group of 2008. Wonder where it will send the commemorative plaque. * First Round Capital: Leave Wall Street, Join a Startup * McCain helped "create" the Blackberry? Thought RIM was a Canadian company...
17 September 2008•1 min read
