Yes, folks, according to Businessweek. Of the many debts that John Suckow would like to unwind from
Lehman Brothers Holdings, the first might be shame. Stigma, baggage, jokes about zombie banks
back from the dead—Suckow would like to jettison all that, just as Lehman is
liquidating what remains of its assets, four years after the bank’s failure
sent the financial crisis into overdrive. There are deals to do, and creditors
impatient to get pennies on the dollars owed them. Dwelling on the strangeness
of Lehman’s ongoing existence isn’t going to get the work done faster.
“What might surprise you here a little bit,” says Suckow,
Lehman’s president and chief executive officer, sitting in shirtsleeves in a
conference room on the 40th floor of the Time & Life Building, “is that if
you walked in and walked around these floors, this is an operating company.” A tour of the place confirms that….
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