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Friday September 10, 2010

Bloomberg

JPMorgan, Citigroup Helped Cause Lehman Illiquidity, Report Says

March 11, 2010, 4:08 PM EST

By Linda Sandler

March 11 (Bloomberg) -- JPMorgan Chase & Co. and Citgroup Inc. helped cause the illiquidity that led to the collapse of Lehman Brothers Holding Inc., the bankrupt bank’s examiner said today in a report filed in Manhattan federal court.

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To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: David Rovella at drovella@bloomberg.net

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