Lehman writes off more than $1bn in private equity loans
Lehman writes off more than $1bn in private equity loans
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Lehman Brothers has provided the first glimpse of the effect of the credit crisis on Wall Street banks, saying it has been forced to write off more than $1bn from the value of loans to private equity-owned companies. |
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News entry number 2514 added on Sep 19, 2007 in the Business News category.
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