2008-09-10 — wordpress.com
Lehman Bothers’ losses for Q3-08 are more than $5 a share - up from estimates of just over $2 a share.
Lehman plans to sell Majority share of Neuberger Berman - No buyer announced or details released.
Lehman will spin-off the Commercial Real Estate Division assets worth as much as $40BB into a new company, along the Good Bank /Bad Bank scenario.
Lehman cutting Dividend from .17 cents per share to .5 cents.
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