CIT Files for Bankruptcy - Among Largest Corporate Failures

Lehman Brothers trustee sues Citibank for 1.3B
The trustee overseeing the bankruptcy of Lehman Brothers' brokerage unit is suing Citibank for more than $1.3 billion.

Lehman Brothers sues Citigroup for $2.5B
Lehman Brothers Holdings Inc. is suing several units of Citigroup Inc. to recover $2.5 billion it transferred to a backup account at Citi months before seeking bankruptcy court protection.

Youngman Reportedly Rebuffed In Bid To Acquire Saab
There may be one final sad truth to the history of Saab: in bankruptcy, the pieces that once made up the whole of the brand are worth more than the brand itself.

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