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Reuters ahead with job cuts at Lehman Europe09.30.2008
Reuters was first on Sept. 30 to report that administrators for Lehman Brothers in Europe had failed to find a buyer for the fixed income business and would axe 750 jobs. Reuters was 53 minutes ahead of Bloomberg and Dow was unsighted. It followed several stories on the wind-down of Lehman in Europe, a major story in the City after the shock bankruptcy of the U.S. investment bank. |
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