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Reuters: Lehman files for bankruptcy, plans to sell units

Started by chris, September 16, 2008, 04:00:27 AM

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chris

Lehman files for bankruptcy, plans to sell units
      


NEW YORK (Reuters) - Lehman Brothers Holdings Inc filed for bankruptcy protection after trying to finance too many risky assets with too little capital, becoming the largest U.S. bankruptcy and the highest-profile casualty of the global credit crisis.
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