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What Really Happened: JPMorgan Gave Lehman $138 Billion After Bankruptcy

By mememan - Posted on September 17th, 2008

JPMorgan Chase & Co. gave $138 billion this week in Federal Reserve-backed advances to the broker dealer unit of Lehman Brothers Holdings Inc. to settle Lehman trades and keep financial markets stable amid the biggest bankruptcy in history, according to a court filing.

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