http://newmexicoindependent.com/101/lehman-bros-problems-include-suncal-in-the-mix New Mexico news and politics Fri, 02 Sep 2011 18:15:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://newmexicoindependent.com/101/lehman-bros-problems-include-suncal-in-the-mix#comment-143 somerandomguy Wed, 30 Nov -0001 00:00:00 +0000 http://70.32.121.217/?p=101#comment-143 Now the plan has been semi-announced by Lehman Bros. They intend to "spin-off" the SunCal holdings into an alleged company to be given to current shareholders. In reality, since there is no new value to those shareholders, this is probably a way to bankrupt that part of the company rather than the whole thing. Of course, the taxpayer is going to pay for some of this through the bailout. Q: What is the difference between the guy who robs the bank and the guys in suits who run the bank? A: The suit. Now the plan has been semi-announced by Lehman Bros. They intend to “spin-off” the SunCal holdings into an alleged company to be given to current shareholders. In reality, since there is no new value to those shareholders, this is probably a way to bankrupt that part of the company rather than the whole thing. Of course, the taxpayer is going to pay for some of this through the bailout. Q: What is the difference between the guy who robs the bank and the guys in suits who run the bank?
A: The suit.

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