Lehman Brothers Holdings Inc., which in 2008 filed for the biggest bankruptcy in U.S. history and whose collapse roiled world markets, says it has exited bankruptcy and will make its first payment to creditors on April 17.
Nearly four years ago, the bank collapsed in the biggest bankruptcy in U.S. history — a record $639 billion. That set off a chain reaction and sent the economy spiraling. Lehman Bros. says now, it will continue to liquidate its holdings, and will start paying back creditors next month.
I'm Michel Martin and this is TELL ME MORE from NPR News. We are going to spend some time today talking about two issues in the news that are on a lot of people's minds, and they both touch on violence. Later in our parenting segment, we are going to talk about what we really know about why young people turn to deadly violence. We're thinking about this, of course, after that school shooting in Ohio that left three students dead.