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Lehman Brothers selling off last assets

By Pallavi Gogoi

 |  Associated press  

  March 07, 2012

The Ritz-Carlton Kapalua hotel in Hawaii, a luxury ski resort in the Rockies and a Manhattan boutique hotel are among the last holdings of Lehman Brothers, the investment house whose spectacular bust triggered the worst of the 2008 financial crisis. The bank said Tuesday that it will begin unloading its stakes in those properties in April as it prepares to exit Chapter 11 bankruptcy protection and finally meet its end.

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