Minggu, 14 September 2008

Lehman: Barclays Bank Walks Away. Bankruptcy?

By 3pm Sunday afternoon the formerly fourth-largest securities firm Lehman Brothers appeared headed for liquidation, one of the biggest bank failures ever.Bloomberg News reports that a bankruptcy filing could come before Monday:"Banks and brokers today held a session for 'netting' derivatives transactions with Lehman, or canceling trades that offset each other, in case the New York-based firm

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