by Calculated Risk on 9/13/2008 01:21:00 PM

From the WSJ: Lehman Deal Could Come Tonight As High-Level Talks Continue

Talks continued Saturday between federal officials and top Wall Street executives ... some sort of solution might be reached as soon as Saturday night ... the main task ahead ... is identifying whether a so-called "bad bank" structure could be designed to hold Lehman's souring assets.

Here is a partial list of attendees:

In addition to New York Fed President Timothy Geithner, government officials in attendance included Treasury Secretary Henry Paulson and Securities and Exchange Commission Chairman Christopher Cox. The Wall Street executives included Morgan Stanley Chief Executive John Mack, Merrill Lynch Chief Executive John Thain, J.P. Morgan Chase CEO Jamie Dimon, Goldman Sachs Group CEO Lloyd Blankfein, Citigroup Inc. head Vikram Pandit and representatives from the Royal Bank of Scotland Group PLC and Bank of New York Mellon Corp.

Other industry leaders that attended were Credit Suisse CEO Brady Dougan, Morgan Stanley Chief Financial Officer Colm Kelleher, Citigroup Chief Financial Officer Gary Crittenden, UBS AG Chief Risk Officer Thomas Daula, J.P. Morgan investment bank co-head Steve Black and Goldman Sachs Co-president Gary Cohn ... In all, about 30 banks were represented at the meeting ...

The WSJ also notes that in addition to Lehman, the meeting included discussions about Merrill Lynch and Washington Mutual.

Nemo has some basic details: How big are Lehman, Merrill, and AIG?