Although Goldman declined to commment, and some sources believe the rumor of a Goldman bid is completely unfounded, others say the prestigious bank would be willing to make an offer if it can stike a deal like that made by JPMorgan Chase when swallowing Bear Stearns. Still others, meanwhile, predict a foreign bank will make the purchase, as bankers from numerous firms are reportedly checking out Lehman’s books today.
Though a sale might be good news for investors in Lehman shares (which have dropped in value a further 40 percent today), it certainly isn’t music to the ears of Lehman insiders, whose jobs are now certainly in serious jeopardy.
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