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LEHMAN-IMF/LIPSKY
RTR21XH6
16 Sep. 2008
Lehman Brothers name moves across a news ticker in... more
LEHMAN-IMF/LIPSKY
RTR21XH6
16 Sep. 2008
New York, UNITED STATES
Lehman Brothers name moves across a news ticker in New York's Times Square September 15, 2008. The bankruptcy of Lehman Brothers Holdings Inc and sale of Merrill Lynch & Co Inc is part of a restructuring and consolidation of the U.S. financial sector, the IMF's No. 2 official said on Monday. IMF First Deputy Managing Director John Lipsky said, however, the speed and scale of the developments added to short-term uncertainties and further significant financial strains cannot be ruled out. REUTERS/Joshua Lott (UNITED STATES)
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