Tuesday, April 1, 2008

Lehman Brothers Stock Sale Sends Market Surging; UBS Still Writing Down

Lehman Brothers fought off persistent rumors that it might be headed to a Bear Stearns-like collapse by raising $4 billion in capital on Tuesday. The fourth-largest U.S. investment bank has taken some hard hits from its participation in the sub-prime market and may also have suffered from bogus rumors pushed by... ...

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