Relevant:
- $138 Billion Post-Bankruptcy JP Morgan Advance to Lehman; At Least $87 B Repaid by Fed
- O.C. lender with $1 billion in assets files bankruptcy
- Geithner and the NY Fed Accused of Willfully Ignoring Fraud and Covering Up Lehman's Bad Assets by Senior Regulator During the S&L Crisis
- Lehman's Alter Ego - How Lehman Hid Risk In Shell Corporations; Where is The Indictment of Ex-CEO Dick Fuld?
- In MF Global, JPMorgan again at center of a financial failure
2008-09-15 — cnn.com
``as soon as Lehman’s parent corporation goes into bankruptcy, that event (under the contractual language governing most of these) triggers default, allowing the counterparty — the bank or other institution that entered into the deal with Lehman — to immediately accelerate or cancel the contract and seize whatever collateral may cover it.''
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