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Lehman to raise $3 billion to quash stability fears (Reuters)

A logo of U.S. investment bank Lehman Brothers is seen outside its Asia headquarters in Tokyo March 31, 2008. Lehman Brothers will file a lawsuit on Monday against Japanese trading house Marubeni Corp, saying it was defrauded of more than $355 million, a source with direct knowledge of the matter said. (Yuriko Nakao/Reuters)Reuters - Lehman Brothers Holdings Inc ,
an investment bank beset by rumors of not having enough
funding, said it plans to raise $3 billion of capital to quash
questions about its stability.

Original post by Yahoo! News: Business

This entry was posted on Monday, March 31st, 2008 at 6:15 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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