Tuesday, June 12, 2007

Lehman's `Gazillions' in Profit Show Firm Is No Longer Just a Bond Shop

(Bloomberg) -- Jim Claire was so concerned that
Lehman Brothers Holdings Inc. was on the brink of failure in
1998 that he stopped trading with the firm.

``Everybody thought they couldn't finance themselves,''
said Claire, who at the time provided overnight loans to New
York-based Lehman as a trader with First Capital Group.


Read more at Bloomberg Bonds News

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