Old news, but good one. https://www.businessrecord.com/lehman-may-be-reborn-as-asset-management-firm/ According to the filing, the firm plans to manage distressed assets, either from other bankruptcies or troubled companies, and would target four groups: government regulators; banks and insurance companies; failed hedge funds or private equity firms; and government-sponsored agencies such as Fannie Mae and Freddie Mac.
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