Truemors
Lehman brothers Liquidation, Barkley's not bidding 
Lehman would need the Barkley's deal to achieve a so called "Bad Bank" status by US regulators and finacial back up of acquisiton. The Bank of America is not interested without government support . Trader comment: if they go into liquidation," it is going to be a bad situation on Monday.
The fate of Lehman Brothers Holdings Inc.'s darkened early Sunday afternoon after Barclays PLC, the sole remaining bidder for the 158-year-old Wall Street firm, told federal regulators that it is walking away from a transaction, people familiar with the matter say. With Barclays ending talks and the government balking at putting any taxpayer money at risk for Lehman, the likelihood of a transaction was dimming. That would leave an orderly liquidation as the most likely scenario, a dramatic outcome for a once-powerful firm.
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