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Zombie Lehman Swaps

May 14, 2013

‘Zombie’ Lehman Bros. craves more millions from Simmons College” by Galen Moore cites to “Lehman Reaches Beyond Grave Seeking Millions From Nonprofits” by Martin Z. Braun, quoting:

“Lehman is sort of a zombie-like bankruptcy entity: Instead of looking for brains, it’s looking for cash,” Chip Bowles, a bankruptcy lawyer with Bingham Greenebaum Doll LLP in Louisville, Kentucky

zombie chip bowles

See also recent Ars Technica: “Zombie corpse of Lehman Brothers sues Intel over bad billion-dollar deal” by Lee Hutchinson

UPDATE: – Lehman Zombie story also at MSN Money: “Zombie Lehman Bros. sucks cash from nonprofits” by Jason Notte


From → money

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