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LEHMAN BROTHERS, 3 1/2 YEARS AFTER…

LEHMAN BROTHERS OFFICIALLY EMERGED FROM ITS COURT-PROTECTED BANKRUPTCY AFTER 3 1/2 YEARS.

LEHMAN EXISTS AS A HOLDING COMPANY NOW, WITH THE SOLE TASK OF DISTRIBUTING TO CREDITORS $65 BILLION IN ASSETS THEY ARE EXPECTING TO GET.

THE FIRST PAYMENTS ARE EXPECTED IN APRIL 2012.

SOURCE : THE ECONOMIST.

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