Posts Tagged ‘San Mateo County’

San Mateo County wants back its $155 million from Lehman

May 5, 2009

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.