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bankers protest
Oct. 3rd, 2008 08:58 pm
Administrator PricewaterhouseCoopers was unable to find a buyer for the fixed- income business for Lehman Brothers Europe (LEHMQ.PK: Quote, Profile, Research, Stock Buzz), PwC said on Tuesday, resulting in 750 redundancies.
Lehman Fixed Income Arbitrage group staged a protest on Monday blocking a main road near firm's former London headquarters. They protested against job cuts and governement failure to save the bank from bankruptcy.
