Mortgage and Business News » Lehman http://www.100mortgages.org Keep updated on the latest mortgage, global economy and business news Sat, 19 May 2012 19:30:36 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Lehman and Barclays PLC payment http://www.100mortgages.org/20090519/lehman-and-barclays-plc-payment/ http://www.100mortgages.org/20090519/lehman-and-barclays-plc-payment/#comments Tue, 19 May 2009 07:44:41 +0000 Peter http://www.100mortgages.org/?p=4991 .!.
.!.
Talladega Nights: The Ballad of Ricky Bobby buy

Lehman and Barclays PLC payment
Lehman Brothers Holdings Inc (OTC:LEHMQ) have been seeking permission from the court to look to see if they have been adequately compensated by Barclays Plc (LON:BARC) for its brokerage unit. Reuters

say that this was accruing to the document s that had been filed on Monday.

Bankrupt Lehman Brothers Holdings Inc had sold its North American broker-dealer business to Barleys for $1.75 billion last September; this was just a few days after they had filed for bankruptcy protection.

Lehman has now seen an apparent material discrepancies with the liabilities that Barclays

was meant to assume. These discrepancies also includes a possible windfall to Barclays, which has come from the expense of the estate, it is thought that this could be in the billions.

]]> http://www.100mortgages.org/20090519/lehman-and-barclays-plc-payment/feed/ 0