1,268 days after its collapse, Lehman Brothers (LEHMQ.PK) emerges from its record $639B...

|About: Lehman Bros Hld (LEHMQ)|By:, SA News Editor

1,268 days after its collapse, Lehman Brothers (LEHMQ.PK) emerges from its record $639B bankruptcy and will start paying back creditors on April 17. Lehman will distribute around $65B to its debtors, who had initially claimed over $300B. The bank will continue to liquidate its holdings under a new board of directors.