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Lehman cash and investments total grows to $22.95 billion in April
By Caroline Salls
Pittsburgh, May 23 - Lehman Brothers Holdings Inc. had $22.951 billion in cash and investments at April 30, up from $22.236 billion at the end of March, according to its monthly operating report filed Monday with the Securities and Exchange Commission.
The April cash and investments total included $501 million of loan principal, $13 million of loan interest, $93 million of derivatives collections from live/terminated trades, $263 million of private equity/principal investment principal and $29 million of private equity/principal investing interest.
New York-based Lehman Brothers Holdings Inc. was the fourth-largest investment bank in the United States. The company filed for bankruptcy on Sept. 15, 2008 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 08-13555.
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