the wailing and gnashing of teeth, the warnings of the dangers of investment by foreigners and of foreigners/foreign things, were the shoe to have been on the other foot and an American, European, or other non-Japanese company were buying a Japanese firm like this and at this price---bankrupt or not.
Nomura Holdings Inc. paid only $2 for the European and Middle Eastern equities and investment banking operations of bankrupt Lehman Brothers Holdings Inc., sources said Friday. (JT online)
Sunday, September 28, 2008
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