WASHINGTON, Sept 14 (Reuters) - U.S. Treasury Secretary Henry remains strongly opposed to using government money in any deal aimed at resolving a crisis at Wall Street investment bank Lehman Brothers, a source familiar with his thinking repeated on Sunday.
A similar characterization of his position was first offered on Friday before intense weekend talks began in New York on Lehman's fate.
By Sunday afternoon, chances for a deal that would see another firm take over Lehman appeared to be fading and prospects were increasing that it could go bankrupt.
(Reporting by Glenn Somerville) Keywords: LEHMAN/PAULSON tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
A similar characterization of his position was first offered on Friday before intense weekend talks began in New York on Lehman's fate.
By Sunday afternoon, chances for a deal that would see another firm take over Lehman appeared to be fading and prospects were increasing that it could go bankrupt.
(Reporting by Glenn Somerville) Keywords: LEHMAN/PAULSON tf.TFN-Europe_newsdesk@thomson.com ak COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.