Lehman Exits Chapter 11, To Pay Creditors | WAMU 88.5 - American University Radio

Lehman Exits Chapter 11, To Pay Creditors

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When Lehman Brothers collapsed in 2008, it was the largest bankruptcy in U.S. history. More than three years later, Lehman is emerging from Chapter 11. The firm is really just back in business to liquidate itself. Lehman has about $65 billion in assets that it intends to distribute among its many creditors starting next month.
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