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Lehman Brothers, the nation’s fourth-largest securities firm, is struggling to stay alive after investors rejected its survival plans.
Lehman Brothers, the nation’s fourth-largest securities firm, is struggling to stay alive after investors rejected its survival plans. The company’s stock plummeted a further 40% after losing half their value earlier in the week. Lehman executives are trying to find a buyer or investor to save the bank. Ben White, a reporter for the New York Times, discusses the issue with The Takeaway.
Guest: Ben White, reporter for The New York Times