Stocks caught a bid at week's end as hopes of a purchase of Lehman Brothers by the Korean Development Bank had the financials leading a rally higher. No price or terms are specified.
Korean DB is said to be attracted to Lehman's books. "They are soft and smelly like a well aged kimchee," said one anonymous connoisseur of investment fare.
"They defended him, verbally and physically, every time he committed one of his criminal acts. They went blithely on past the suffering of all the bombing victims, the prisoners in the concentration camps, and the religious persecutors, because a different regime would have meant the end of their power. 'You made this monster, and as long as things were going well you gave him whatever he wanted. You turned Germany over to this arch-criminal.'”
Friedrich Reck-Malleczewen, 1947

