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Friday, August 22, 2008

Lehman Possible Target of S. Korean Bank

by Calculated Risk on 8/22/2008 09:48:00 AM

From CNBC: S. Korea Bank Interested in Lehman, Boosting Stock

State-run Korea Development Bank said on Friday Lehman Brothers was one of its options for acquisitions, reviving expectations that the U.S. investment bank might still bring in a large investor.

"We are studying a number of options and are open to all possibilities, which could include (buying) Lehman," a KDB spokesman said.
Interesting. I have no opinion if this is likely to happen.