Lehman creditors reportedly develop a rival payment plan

04/5/2011 | Bloomberg

A group of Lehman Brothers Holdings creditors, including Goldman Sachs Group and other financial institutions with derivatives claims on the failed bank, drafted a payment plan, sources said. The plan would take money that Lehman wants to give to bondholders. Lehman, which has its own payment plan, reportedly disapproves of the creditors' proposal.

View Full Article in:

Bloomberg

Published in Brief: