Lehman To Sell IMD?

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Charlie Gasparino reports that desperate-for-cash Lehman Brothers is considering selling its entire investment management unit (which includes stakes in private equity firms and hedge funds such as DE Shaw and GLG partners), rather than just Neuberger Berman. And as a full-service variety show act, also refers to himself as "just a country reporter," and gives a shout out to JSC.
Lehman Weighs Sale of Investment [CNBC]

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