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Lehman Brothers' $8bn US transfer raises hackles$

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22nd September 2008, 12:00

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Lehman Brothers' $8bn US transfer raises hackles$

A fresh spotlight has been thrown on the culture of American investment banks after the administrator for Lehman Brothers' European business asked for the return of $8 billion ($?4.4 billion) transferred from Europe to New York in the days before the bank's collapse.

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