FHLB Loses Bid To Trim $150M Lehman Swap Suit
By Jonathan Randles ( September 9, 2015, 3:09 PM EDT) -- A bankruptcy judge on Wednesday denied Federal Home Loan Bank of New York's bid to trim a lawsuit alleging it cheated Lehman Brothers Holdings Inc. out of more than $150 million by undervaluing interest rate swaps that went bad after Lehman collapsed in 2008....
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