Relevant:
- $138 Billion Post-Bankruptcy JP Morgan Advance to Lehman; At Least $87 B Repaid by Fed
- Stiglitz Says Bank Problems Bigger Than Pre-Lehman
- JPMorgan to pay Lehman $797.5 million to end litigation over collapse
- Major Commodities Fund Closes, In Blow to Lehman
- CDOs Imperiled by Collapse of Iceland Banks, S&P Says
2009-07-16 — bloomberg.com
"Yesterday’s decision to forego a lifeline for CIT came 10 months after Lehman Brothers Holdings Inc. filed for bankruptcy. Lehman’s collapse ushered in the depths of the credit crisis to date, and resulted in the establishment of a $700 billion bailout fund; officials yesterday indicated programs created with that money would help fill any lending gap left by CIT."
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