October was a busy month for bankruptcy claims traders, dominated by the debt in the defunct financial firms of Lehman Brothers and MF Global.
According to a new report from claims-trading market operator SecondMarket, October saw 1,163 trades of $4.4 billion in claims. Lehman Brothers Holdings Inc. and MF Global Inc. accounted for 867 of those trades and $3.79 billion of their dollar value.
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