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JPMorgan Slammed Over Use Of $700M Lehman Collateral

By Maria Chutchian (October 26, 2011, 9:42 PM EDT) -- Lehman Brothers Holdings Inc. and its creditors committee on Wednesday objected to JPMorgan Chase Bank NA's use of $700 million in collateral from Lehman's bankruptcy proceedings for customer claims, arguing that such use violates a 2008 agreement related to $8.6 billion in collateral....

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