WSJ had an article about how Weil, Gotshal & Manges is doubling down on Lehman's commercial real estate posistions. Had to buy out Prudential's bond in one of the companies that Lehman also had bonds in due to the fact that Prudential's bond would get paid first in the event of the real estate company's bankruptcy, and would probably prevent Lehman's bonds from getting paid due to the size of Prudential's bond. Weil, Gotshal & Manges also mentioned they plan to finish the liquidation process within 3-5 years, so be prepared to hold onto lehmq.pk for a while...
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