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September 11, 2008

News for 11 September 2008

Lehman Brothers plunges [Yahoo Finance]
Lehman Brothers shares plunge premarket as analysts downgrade after recovery plans

Wall Street firms involved in tax dodge [Bloomberg]
Lehman Brothers, UBS AG and Merrill Lynch are among Wall Street firms that concocted derivatives and stock-loan deals to help offshore hedge funds

Goldman Sachs not buying Lehman [Reuters]
Goldman Sachs is not pursuing an acquisition of Lehman Brothers reflecting concerns that integrating two investment banks would be too desruptive

Should Lehman Brothers go private? [NY Times]
Lehman Brothers is having a tough time convincing the public markets that it can survive the credit crunch

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