Free Template »

Paulson, Calpers File Rival Payment Plan for Bankrupt Lehman - BusinessWeek: "Paulson & Co. and other creditors of Lehman Brothers The Last of the Imperious Rich: Lehman Brothers, 1844-2008Holdings Inc. filed a payout plan for the defunct firm that they said would spread an estimated $57.5 billion more equally among creditors than would Lehman’s own proposals.
A group including New York-based Paulson, which has about $33 billion in hedge funds, and the California Public Employees’ Retirement System, the largest U.S. public pension fund, previously faulted Lehman’s proposals in filings in U.S. Bankruptcy Court in Manhattan. The 10-member group said it has more than $12 billion in claims against Lehman."

0 comments:

Related Posts Plugin for WordPress, Blogger...
 
Top