Receiving Wide Coverage ...
Lehman Payout: Lehman makes its fifth semi-annual payout to creditors next week, a bigger-than-expected $17.9 billion, pushing its total payments to creditors above $80 billion. The Wall Street Journal notes that most of the money to be distributed "involves money Lehman entities owe each other." Reuters says, "The payout will include $12.8 billion to third-party creditors and affiliates, plus $5.1 billion to other Lehman debtors and affiliates." Creditors will now reap 26.9...
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