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Ticker Summary (LEH)

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Lehman Brothers Exposed to Over $50 Billion in Mortgage Assets (www.marketwatch.com)

Lehman Brothers reported Wednesday that the investment bank is still exposed to at least $52 billion in leveraged loan assets. Lehman announced plans to spin off $25 to $30 billion of its remaining mortgage exposure into a new company entitled Real Estate Investments Global next year.

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2 years 234 days ago by Tim

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