Beleaguered Lehman racing to find buyer

Courtesy MSNBC.com: Business  Fri, 09/12/2008 - 07:22

Lehman's losses soared to almost $7 billion in the last two quarters alone, primarily because of wrong-way bets on mortgage securities and other risky investmentsWith Lehman Brothers' shares signaling another steep drop, top executives are racing to put a sale of the beleaguered investment bank in place before it loses further market value.


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