Credit Suisse (CS) is reportedly trying to sell a $1B claim it has against Lehman Brothers, and...

|About: Credit Suisse Group AG (CS)|By:, SA News Editor

Credit Suisse (CS) is reportedly trying to sell a $1B claim it has against Lehman Brothers, and the market for Lehman claims has been steadily building over the past six months. More than 16,000 claims have been filed against the bankrupt firm, and Morgan Stanley (MS) reportedly sold a $1.3B claim last week for 38 cents on the dollar.