Today 00:32am
Lehman Brothers Holdings Inc *LEHMAN BROTHER HOLDINGS (PARENT COMPANY) FILES FOR CHAPTER 11 BANKRUPTCY; BROKER DEALER OPERATIONS WILL CONTINUE
– None of broker dealer subsidiaries or other subsidiaries will be included in Chapter 11 filing
– Exploring sale of broker dealer operations
– Customers may continue to trade or take other actions with respect to their accounts
– Neuberger Berman, Lehman asset management to continue with operations
