Lazard Ltd.

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Lehman Following Merrill’s Blueprint: Report

Aug 01, 2008By

In a move that would likely surprise no one, Lehman Brothers Holdings Inc. [stock LEH][/stock] is in preliminary steps to “sell off” $30 billion of its riskiest mortgage-related investments in the mold of a similar “sale” earlier this week by Merrill Lynch & Co [stock MER][/stock].

3d rendering of a row of luxury townhouses along a street

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