Infolinks

Google Recherche

mardi 4 mai 2010

Lehman Brothers ready to get tough.



Keywords: bankruptcy, Derivatives, compensation, World, LEHMAN BROTHERS PRIVATE EQTY A.

The representative of the bankrupt U.S. bank intends to lower the amount of estimated losses related to the sale of derivatives by Lehman Brothers. Goldman Sachs, Bank of America, Deutsche Bank and Credit Suisse indemintés could receive less than expected.

Bryan Marsal, a representative of the bankrupt U.S. bank, is preparing to get tough with schools requiring a total of fifty billion dollars in losses generated by products developed by Lehman Brothers before its collapse. The officer did not give names, but the main plaintive are Goldman Sachs, Bank of America, Deutsche Bank and Credit Suisse. Officials at Lehman Brothers could revise downward the amount of estimated losses by his former partners and therefore reduce the damages claimed.
For their part, lawyers for Barclays blamed for having received eleven billion dollars on a transaction by Lehman Brothers after the bankruptcy, argued yesterday that the bank was within its rights by getting his "due".
The flurry of investment banks on Wall Street is not finished. The insurance debt of Goldman Sachs, in the viewfinder of U.S. regulators, could cost $ 162,000 per year. It reached the levels of its less efficient rivals, Morgan Stanley and Citigroup.

Aucun commentaire:

Enregistrer un commentaire