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Reuters: Lehman raises $4 billion of capital to hush critics

Started by chris, April 01, 2008, 10:01:10 PM

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chris

Lehman raises $4 billion of capital to hush critics
      


NEW YORK (Reuters) - Lehman Brothers Holdings Inc  raised $4 billion of capital on Tuesday by selling convertible preferred stock in a deal designed to stop questions about the Wall Street investment bank's stability.
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