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San Mateo County wants back its $155 million from Lehman

The ripple effects from the Lehman Brothers bankruptcy back in Spring of 2008 are still roiling municipalities.  In this case San Mateo County  is going to Congress to recover its lost funds but all told, state and local governments lost $1.7 billion from the demise of the giant investment bank.

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This entry was posted on May 5, 2009 at 2:24 pm and is filed under Company News, Lawsuits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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