From Bloomberg: Once the world’s fourth-biggest investment bank, Lehman
Brothers Holding Inc. filed the biggest bankruptcy in U.S. history on Sept. 15, 2008,
after suffering billions in losses on subprime mortgages.
Almost five years after Lehman Brothers Holding Inc (LEHMQ).
filed for bankruptcy and set off the global financial crisis, managers of the
bank’s estate are demanding millions of dollars from retirement homes, colleges
and hospitals.
After selling most of its assets, Lehman now says it was
shortchanged by scores of nonprofits that were forced to pay to exit
derivatives that were unwound after the firm filed for Chapter 11 protection….
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