Banking & Finance

New York Times Reports Lehman (LEH) Will Go Bankrupt

Angrybear_2The New York Times is reporting that Lehman (LEH) will file for bankruptcy protection tonight.

The paper writes that “Lehman will seek to place its parent company, Lehman Brothers Holdings, into bankruptcy protection, while its subsidiaries will remain solvent while the firm liquidates its holdings.”

Douglas A. McIntyre

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