Lehman Facing Possible Bankruptcy as Talks Falter
Posted on September 14, 2008 at 19:35 PM EDT
Lehman Brothers Holdings Inc. (LEH), is edging closer to a complete market meltdown. According to Bloomberg, Wall Street is preparing for a potential Lehman bankruptcy. On Sunday Barclays Plc. (BCS), the U.K.’s third-biggest bank and the only remaining bidder in “club rescue” of Lehman Brothers, told federal regulators that it was walking away from a [...]
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