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@threadreaderapp @Ova_Wit_lol @GavinClimie Shall we continue? The US Bankruptcy Court Judge in Manhattan on Friday Sep 19, 2008 was essentially forced to approve an agreement unprecedented and possibly not entirely legal (post 9/11) because foreign-bank, HQ in London, Barclays Plc was the only viable rescue buyer in 9/08 ImageImage
@threadreaderapp @Ova_Wit_lol @GavinClimie The LBHI company core assets sold in less than a week. LBHI had however pre-shopped some of its assets, like Neuberger Berman Asset Management in summer 2008 for raising cash. Still acting quick on selling LBHI's CH11 assets was imperative with value crashing fast since 9/15/08 Image
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