[lbo-talk] Oooh, soo close!

[Jordan Hayes]

http://blog.foreignpolicy.com:80/node/8445

[ ... ]

Citic, a Chinese bank run by the government, was all set to purchase 
nearly 10 percent of Bear Stearns until Friday's debacle. The only thing 
that saved Citic from making a terrible deal? Bureaucratic red tape in 
Beijing.