And this final note. Two years and two months after the collapse of Lehman Brothers, at least one industry has found the upside: Bankruptcy lawyers. Today’s Wall Street Journal reports the cadre of attorneys and other advisers handling Lehman’s demise has raked in more than $1 billion in fees. Lawyers for the company’s creditors alone reaped $75 million through last month.
Nice work if you can get it.
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