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Hedge Fund Blasts Lehman's 'Zombie Position' In $265M Suit

By William Gorta (January 31, 2017, 9:30 PM EST) -- One of the managing members of hedge fund manager QVT Financial LP on Tuesday told a New York bankruptcy judge that his company was blindsided when Lehman Brothers Holdings Inc. was allowed to go belly up without intervention in 2008, and he feared his holdings would join the walking dead....

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