UK Mortgages rates and deals

September 13, 2008

Wall Street firms could buy Lehman ‘bad bank’

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 11:11 pm

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

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