Wall Street firms would buy the $30bn-plus of property assets held in Lehman Brothers’ ‘bad bank’ in order to facilitate a rescue takeover for the embattled financial group, under one of the options being discussed by industry executives and regulators
Multiple bomb blasts rocked the centre of Delhi, India’s capital, targeting busy shopping centres and markets killing as many as 18 people and injuring dozens
Looking at some of the advantages of buying a new-build property
Top Wall Street executives met Treasury Secretary Hank Paulson and New York Fed president Tim Geithner to discuss the crisis at Lehman Brothers as the bank faced a weekend of desperate negotiations over a possible rescue bid