Lehman Bros files for bankruptcy

 Skrevet av Staff - Publisert 15.09.2008 kl. 21:35

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Lehman Brothers, the fourth-largest US investment bank, has filed for bankruptcy protection, dealing a blow to the fragile global financial system.

The news led to sharp falls in share prices around the world, and officials took measures to reassure markets.

Lehman had incurred losses of billions of dollars in the US mortgage market.

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