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October 30, 2008 · 12:08PM

Cost To Liquidate Lehman Swells [ANALYSIS]

Analysts predict Lehman Brothers’ bankruptcy will be the most expensive ever, besting the record set by Enron in 2004, as the cost for administrators, accountants and lawyers swells to more than $1.6 billion. Law firm Weil Gotshal & Manges, Lehman’s adviser, could bank $209 million in fees alone. (Bloomberg)

Categories: Business & Finance Today · Financial Services

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