Lehman Brothers Holdings

Lehman Brothers Holdings Inc is suing American International Group for $9 million in payments the bank says it is owed from credit default swap protection it bought from the insurer on companies including General Motors and Washington Mutual. Lehman alleges in a suit filed with a New York bankruptcy court last week that AIG is using the bank's failure as an excuse not to make payments, and that this violates U.S.

Lehman Brothers Holdings Inc after it bankruptcy in September 2008, now is looking at spinning off its remaining assets, according to Wall Street Journal’s unsourced article. 

As stated in article, the remaining assets include real-estate and private-equity holdings. The company now in search of those investors who are willing to think assets’ value will increase with US economy improvement.

Citigroup Inc. will merge its investment and commercial banking operations as part of an attempt to integrate its businesses and successfully emerge from a financial crisis that forced it to accept a government rescue, according to a media report Tuesday.