Restructuring failed financial firms in bankruptcy: selling Lehman's derivatives portfolio

MJ Roe, SD Adams - Yale J. on Reg., 2015 - HeinOnline
MJ Roe, SD Adams
Yale J. on Reg., 2015HeinOnline
When Lehman Brothers filed for bankruptcy in September 2008, its financial portfolio was
said to be worth over $20 billion; but as the portfolio unwound in its bankruptcy, the
portfolio's value turned deeply negative, declining by as much as $75 billion. In this Article,
we examine conceptually
When Lehman Brothers filed for bankruptcy in September 2008, its financial portfolio was said to be worth over $20 billion; but as the portfolio unwound in its bankruptcy, the portfolio's value turned deeply negative, declining by as much as $75 billion. In this Article, we examine conceptually
HeinOnline