Posts Tagged ‘Lawyer’

Lehman Derivatives Were Threatened With Liquidation in 2008, Lawyer Says

Lehman Derivatives Were Threatened With Liquidation in 2008, Lawyer Says
The Options Clearing Corp. threatened to liquidate Lehman Brothers Holdings Inc. ’s trading positions in the 2008 financial crisis unless Barclays Plc bought its brokerage and took on the defunct firm’s obligations, a lawyer for the U.K. bank told a judge.

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