Goldman Says Group May File Rival Lehman Plan

Summary


NEW YORK (Reuters) - Goldman Sachs Group said it is part of a creditor group that may file an alternative plan for dividing up billions of dollars of Lehman Brothers' Holdings assets.

The plan would compete with a revised proposal submitted by Lehman Brothers in January and another filed by hedge fund, the California Public Employees Retirement System and other bondholders in December.

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Extract


Goldman Says Group May File Rival Lehman Plan

Approval of a plan is key to Lehman's exit from the l...

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