Lehman Had To Buy Back Its Own Desks & Chairs
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As Lehman Brothers Holdings and Barclays argue over whether the UK firm bagged billions in assets it wasn't entitled to when it acquired the bankrupt investment bank's US operations last September, Bloomberg reveals that Lehman had to pay $5.9m to get back from Barclays the 'desks, chairs, tables, cubicles, audio-video equipment and security paraphernalia' it currently uses as it winds down its operations.
And Dailyfile reports that Citi has filed a lawsuit against a website called Womenco.com (owned by Monster), claiming that the name violates its 'WomenCo.com' trademark (Women & Co is Citi's female-centric mutual funds business).
Bloomberg also reports that AIG removed its logo from employee badges and corporate charge cards last month, after yet more of its employees were set upon by angry US taxpayers (although, more likely, non-taxpaying trailer-trash). Should AIG staff still have corporate charge cards anyway, though ?
Finally, the news agency also reports that Goldman Sachs stands to receive penalty payments of up to $321m if New York officials (State and City) don't get their fingers out and meet certain construction and security deadlines relating to the World Trade Center site by the end of the year. Nice.
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