Lehman/KDB: no Seoul-searching

The idea that state-owned Korea Development Bank would buy Lehman Brothers was always far-fetched. Now the bank’s regulator seems to have scotched it. With the embattled Wall Street firm’s quarter-end approaching, boss Dick Fuld is still searching for answers. Lehman’s stock bounced on Friday’s on reports that KDB might buy in. But the Korean regulator then said the state-owned bank shouldn’t be taking the lead in such ventures, and the shares fell back on Monday. Of course KDB might have thou...