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Archive Home > 2008 > June > 10 > Lehman raising $6B in capital to survive

Lehman raising $6B in capital to survive


June 10, 2008

NEW YORK — Lehman Brothers Holdings Inc., the nation’s fourth-largest investment bank, on Monday said wrong-way trading moves and risky mortgage-backed securities plunged it into a nearly $3 billion second-quarter loss. It marks the first time Lehman was unable to post a....

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