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![Freakonomics[Revised and Expanded]](/images/21xRHBWYYML.jpg "Freakonomics[Revised and Expanded]")
J.P. Morgan Chase & Co. is seen as a likely suitor for Washington Mutual, which is staggering under huge mortgage losses.
More to come soon
http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=452146&in_page_id=3&ito=1565
Barclays has circled back to pick up the pieces of Lehman Brothers Holdings, agreeing to acquire business operations and real estate holdings from the bankrupt investment bank for about $1.75 billion.
The British bank will buy Lehman’s North American investment banking and capital markets operations, with a 10,000-strong staff, for the fire-sale price of $250 million, Barclays said in a statement Tuesday.
http://www.forbes.com/2008/09/16/barclays-lehman-update-markets-equity-cx_tw_0916markets52.html?partner=yahootix