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Investment Banks Need 'Living Wills': Lehman Trustee

By Evan Weinberger ( August 26, 2010, 12:30 PM EDT) -- While the liquidation of Lehman Brothers Holdings Inc. 's investment banking arm has gone relatively smoothly, investment banks should be required to have a "living will" in place designed to protect customer assets, the trustee overseeing the liquidation said in a preliminary report. . . .

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