ID :
19699
Tue, 09/16/2008 - 14:17
Auther :
Shortlink :
https://www.oananews.org//node/19699
The shortlink copeid
Lehman's bankruptcy filing to help remove market instability: vice finance minister
SEOUL, Sept. 16 (Yonhap) -- The bankruptcy protection filing by Lehman Brothers Holdings Inc. will likely help remove market instability in the financial sector, Vice Finance Minister Kim Dong-soo said Tuesday.
The comment was made before Kim began a hastily-arranged emergency meeting here
where economic and financial leaders weighed the ramifications of the collapse of
the fourth-largest investment bank in the U.S., which filed for Chapter 11
bankruptcy protection the previous day.
The comment was made before Kim began a hastily-arranged emergency meeting here
where economic and financial leaders weighed the ramifications of the collapse of
the fourth-largest investment bank in the U.S., which filed for Chapter 11
bankruptcy protection the previous day.
