Hacker News new | ask | show | jobs
by kafkaesq 3534 days ago
What is suspiciously favorable about it?

I trust that you're aware of the basic chronology. If not, it should be fairly easy for you to look into.

1 comments

Yep and? Every IB had to secure a deal GS got money from Berkshire Hathaway, everyone else got acquired Lehman could not secure a deal. Unlike in every other deal government was not providing downside guarantees for Berkshire Hathaway investment in GS. Government did provide huge guarantees to JPM and every other bank that acquired an IB.