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.

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