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Lehman Weighs Spinning Off $45B in Assets

In the most sweeping bankruptcy action yet, assets will become separate unit

By Clay Dillow, Newser Staff

Posted May 14, 2009 7:52 AM CDT

(Newser) – Bankrupt Lehman Brothers is preparing to spin off a grab-bag of assets worth $45 billion in their current state but as much as $400 billion at "nondistressed" prices, the Wall Street Journal reports. The planned sale of shares in the unit—the biggest... Read full story »

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Lehman Weighs Spinning Off $45B in Assets

In the most sweeping bankruptcy action yet, assets will become separate unit

private equity • real estate • bankruptcy • Lehman Brothers • banking • financial crisis

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More Newser Stories

Lehman to Spin Off $4.5B Private Equity Arm

A strategy of hold and manage, rather than sell into weakness, has emerged

Lehman Lives on— and It's Getting Bigger

Financial giants refuse to die, Steven Davidoff explains

Lehman Post Mortem Bares Shady Tricks

Execs may land in court for disguising bad investments

Bankrupt Lehman Stock Booms in Long-Shot Trading

Bankrupt company jumps sixfold in 'lottery ticket' deals

Lehman CEO Sells Mansion to Wife—for $100

But Fuld's attempt to evade creditors may not work

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