A 140% Return From Lehman Brothers DebtRupert Hargreaves
On September 15, 2008, US investment bank Lehman Brothers, which was once one of the world's financial institutions, filed for bankruptcy with $639 billion in assets and $619 billion in debt. These enormous figures earned the company the title of the largest bankruptcy filing in history.
Nearly ten years on and the creditors are still fighting over the corpse of this former model of American capitalism.
Only last week, administrators of Lehman Brothers International Europe won permission . . .
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