Lehman (LEH) may spin off $32B of its commercial mortgages and real estate into a new 'bad bank'...

|About: Lehman Brothers Holding... (LEH)|By:, SA News Editor

Lehman (LEH) may spin off $32B of its commercial mortgages and real estate into a new 'bad bank' company to relieve pressure on the parent. $8B of the equity would come from Lehman; the entity would borrow the other $24B from Lehman or outside investors.