Sipc Protecting Lehman Clients

Summary


DES MOINES, Iowa -- Investors with accounts at Lehman Brothers Inc. can rest easy -- their money held in brokerage accounts appears to be safe.

The Securities Investor Protection Corp., a nonprofit membership agency, said Monday it did not need to step in.

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Extract


Sipc Protecting Lehman Clients

Lehman Brothers Holdings Inc., the holding company for the 158- year-old investment bank, filed for Chapter 11 protection Monday in the U.S. ...

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