2012-07-14larsschall.com

Bombshell stuff from derivatives forensicist Rob K. -- ``Barclays was the last bank to see the books of Lehman as they were at one point -- in the late stages of the 2008 financial crisis -- figured to be a likely acquirer of Lehman.  When Barclays saw the state of Lehman's books -- they acted intuitively CORRECT -- one might argue -- and began raising rates, not wanting to lend, to preserve their capital. Additionally, in the wake of the failed Barclays/Lehman arranged marriage -- there was a "small issue" with a$138 Billion Post-Bankruptcy JP Morgan Advance to Lehman; At Least $87 B Repaid by Fed...''


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