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J.P. Morgan sues Lehman over $70 billion in post-bankruptcy loans

Authors :
Morath, Eric
Source :
Wall Street Journal. Europe. Dec 3, 2010, A24
Publication Year :
2010

Abstract

J.P. Morgan Chase & Co. is suing failed bank Lehman Brothers Holdings Inc., claiming that Lehman deceived J.P. Morgan into lending it more than $70 billion, under the assumption that J.P. Morgan would be paid in full after the sale of Lehman's assets.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.243961518