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undisclosed sum

Hope for councils over Lehman crash

Thu 18/03/10 - 08:41:30 vs6
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March 19, 2010 US-based Lehman Brothers Holdings Inc has told the Australian arm of Lehman it could unwind troubled debt securities to pay the company an undisclosed sum ''under certain conditions''. Dozens of councils and charities invested $1.2 billion in collateralised debt
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Tags : smh.com.au, RON, Hold, collateralised debt obligations, troubled debt, undisclosed sum, collapse, charities

Lehman Brothers offers to cut a deal with its creditors

Thu 18/03/10 - 08:38:27 vs6
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The outlook has brightened for local councils holding troubled Lehman Brothers investments, after the collapsed US investment bank offered to cut a deal with its creditors. US-based Lehman Brothers Holdings Inc has told the Australian arm of Lehman it could unwind troubled debt
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Tags : smh.com.au, Hold, CDO, assets, deed of company arrangement, troubled debt, local councils, undisclosed sum, debt obligations, title.creditors, creditors, investment bank, collapse, charities, collateral, proposal, losses