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Reuters: Lehman sets asset sales plan, posts $4 billion loss

Started by chris, September 11, 2008, 06:00:26 PM

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chris

Lehman sets asset sales plan, posts $4 billion loss
      


NEW YORK (Reuters) - Lehman Brothers, desperate for capital and fighting for its survival, unveiled a plan to shed weak assets and sell a stake in its funds business, but investors were skeptical and its shares hit new lows.
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