Judge Sides With JPMorgan In Lehman Bankruptcy Asset Grab – ValueWalk Premium
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Judge Sides With JPMorgan In Lehman Bankruptcy Asset Grab

When Gerard LaRocca, a senior bank executive at Barclays Capital reviewed the Lehman Brothers bank account at JPMorgan on September 23, 2008 he noticed something odd. $7 billion from Lehman’s account at JPMorgan had “vaporized,” to coin a popular MF Global term for money disappearing when actually those involved knew exactly where it went . . .

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