After several high-stakes real estate gambles folded, Lehman Brother filed for Chapter 11 bankruptcy protection on Monday. The company spent the weekend trying to stake a potential buyer through several negotiations. The two most likely suitors, Bank of America and Barclays PLC turned their backs after the United States government said it would not backstop […]
Entries Tagged as 'Merrill Lynch'
Lehman goes under, BofA takes over Merrill Lynch
September 15th, 2008 · No Comments
Tags: Bank of America · Chapter 11 bankruptcy · Lehman Brother · Merrill Lynch · South Florida Bankruptcy Lawyer