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Posts Tagged ‘Lehman’

Lehman Brothers in talks over sale of $40bn real estate assets

Posted by seumasach on August 19, 2008

Suzy Jagger

The Times

16th August, 2008

See also: Lehman and the Liars

Lehman Brothers, the Wall Street investment bank, is understood to be in talks to sell its entire $40 billion (£21.5 billion) real estate portfolio in a move to stem losses incurred during one of the worst property slumps since the Great Depression.

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